An Investment Led Recovery

This analysis makes so much sense to me; I don’t know how we can square an economic “recovery” with sustainability and stewardship unless it is, as Jeffery Sachs argues, investment led rather than consumption led:

A true recovery should be investment led rather than consumption led. We need long-term investments in human capital (skills) and in key infrastructure such as low-carbon energy systems, smart grids for cities, cutting-edge information and management systems for low-cost integrated healthcare delivery, and inter-city fast rail. These investments are inevitably a mix of private investments and public investments, with the mix differing according to the sector in question.

 

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About Marta Rose

I am a writer and a homemaker living in Philadelphia with my wife Julie and our children, Trixie and Micah.
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