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Should the Government Invest, or Try to Spur Private Investment?

Michael Cragg; Joseph E. Stiglitz

Title:
Should the Government Invest, or Try to Spur Private Investment?
Author(s):
Cragg, Michael
Stiglitz, Joseph E.
Date:
Type:
Articles
Department:
Business
Volume:
8
Permanent URL:
Book/Journal Title:
Economists' Voice
Abstract:
The U.S. economy clearly needs stimulation, but the Obama administration’s plan for accelerated depreciation is an ‘old economy’ approach to stimulating aggregate investment and unlikely to ease the Great Recession, according to Michael Cragg of Brattle Group and Joseph Stiglitz of Columbia University. The authors suggest alternative policies consisting of carefully designed carrots and sticks.
Subject(s):
Economics
Public policy
Publisher DOI:
10.2202/1553-3832.1832
Item views:
89
Metadata:
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