Academic Commons

Articles

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

Cragg, Michael; Stiglitz, Joseph E.

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.

Files

Also Published In

Title
Economists' Voice
DOI
https://doi.org/10.2202/1553-3832.1832

More About This Work

Academic Units
Business
Published Here
June 18, 2012
Academic Commons provides global access to research and scholarship produced at Columbia University, Barnard College, Teachers College, Union Theological Seminary and Jewish Theological Seminary. Academic Commons is managed by the Columbia University Libraries.