Automation and offshoring have replaced many laborers on American assembly lines, but signature public works projects could generate an alternate source of well-paid hourly work. Source: NYT > Business – LOUIS UCHITELLE
Economic View: Modern Monetary Theory Makes Sense, Up to a Point
Urgent goals might justify more debt for a while, the economist Robert Shiller says, but this does not license unlimited spending or endlessly accelerating debt. Source: NYT > Business – ROBERT J. SHILLER
Private Money Takes On Bigger Role in Airport Projects
As governments pull back on spending, companies are paying for private terminals, joining in renovations and even reopening an airport to commercial flights. Source: NYT > Business – AMY ZIPKIN