Keynesian News

The rehabilitation of Keynesian economics that I mentioned here seems to be continuing. The fifth of my publicly-funded infrastructure projects now seems to be falling into place: Olympic Village to be fully funded by taxpayers. Just the Olympic Village for now, but all the developers are in poor financial shape and nobody will be surprised when the government steps in to bail out other areas of the project.

One of the other projects I mentioned was a high-speed rail link to the Midlands and beyond. Interestingly, Network Rail have announced today that they would like to electrify the existing Midland Main Line and finance it themselves. I don’t know what effect this will have on the business case for a new high-speed line – maybe the upgraded existing line will do the job?


0 Responses to “Keynesian News”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: