Morning Must-Read: Ken Rogoff on the Need for More Expansionary Fiscal Policy–of a Form That Pays for Itself via Higher Tax Revenue in the Long Run

Ken Rogoff: Kenneth Rogoff asks whether we need to know what’s ailing the advanced economies in order to boost growth. – Project Syndicate: Summers is certainly right that productive infrastructure investment is the low-hanging fruit…. Productive infrastructure investment that generates long-term growth pays for itself, so there need not be any conflict between short-term stabilization … Continue reading Morning Must-Read: Ken Rogoff on the Need for More Expansionary Fiscal Policy–of a Form That Pays for Itself via Higher Tax Revenue in the Long Run