Thanks for the article, it was very interesting. I only wonder whether there is a more complex version of this story which includes multiplier effects in the economy from the increase in the labor force required for the production of the durable good in question. At least I gather that this is one prominent justification for infrastructure projects by the government.
Thanks for the article, it was very interesting. I only wonder whether there is a more complex version of this story which includes multiplier effects in the economy from the increase in the labor force required for the production of the durable good in question. At least I gather that this is one prominent justification for infrastructure projects by the government.