3 Questions: Michael Greenstone on deficit spendingWednesday, November 3, 2010
MIT News   (Browse all news)
Peter Dizikes, MIT News Office
As deficit hawks appear poised for victory at the polls, the MIT economics professor presents the case for more spending on infrastructure and R&D.
Government deficit spending has been a contentious issue during this year’s U.S. mid-term election campaigns. Yet some economists believe that additional government spending in certain areas is needed to help spur growth. MIT News asked Michael Greenstone, MIT’s 3M Professor of Environmental Economics, and director of The Hamilton Group, a Washington-based public-policy organization, about America’s spending priorities.