Krugman makes the case for sustained investment in public goods: infrastructure, education, research, energy

The newest Nobel economist (and NYT columnist), speaking at a Demos event (one of my favorite think tanks). Paul Krugman starts off with air traffic control as an example of critical public spending. We can’t just give that money back to taxpayers without dire consequences, he explains. What else is like that, Krugman asks? (Go right to minute two.)

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