Japan's Big-Works Stimulus Is Lesson for U.S.. I'll be honest, some of the glowing projections about the multiplier effect I see on some blogs are giving me flashbacks (I was blogging by Spring of 2002).
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Posted on: February 6, 2009 12:00 AM, by Razib Khan
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Comments
Dogs and Demons gives a much more thorough and alarming description about Japan's "construction state". The whole nation and natural environment has been paved over in concrete.
A more pressing issue, that the Times article does not discuss in the Japanese case study, is the corruption that can come from this kind of make work expansion. Self-interested parties deeply entrench failed systems, often expanding them in scope and power, even when they end up harming the public good.
Posted by: Jason Malloy | February 6, 2009 4:05 PM
one hopeful point is that the USA has something of a two-party system.
Posted by: razib | February 6, 2009 7:11 PM