Really interesting piece on how to do public works properly - cheap and quick, getting the public on board, and shoving the inquiry industry out of the way. The expansion of the Madrid metro system. … (View Post)

It will be interesting to see how many other PBers get that pretty obscure early ‘90s music reference pseudonym! (View Post)

He’s term limited, and ineligible to run in 2028. And no, he’s not going to change the constitution in the next four years. (View Post)

Yes, government investment should run counter-cyclical where possible. Boom-time investment is almost always more expensive, and in a recession borrowing usually gets cheaper for those with good cred… (View Post)

Worse than selling the gold, he announced in advance he was going to do it and tanked the price as a result. Also his famous “investment” that was mostly in tax credits, with actual capital investmen… (View Post)