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Four Ways to Make Wiser Infrastructure Investments
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Four Ways to Make Wiser Infrastructure Investments

Aaron Klein
Brookings Institution, 2018
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Editorial Rating

8

Qualities

  • Eye Opening
  • Concrete Examples
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Recommendation

In the United States, highways and bridges are crumbling, water systems are aging, and public transportation is woefully underfunded. Despite bipartisan agreement that infrastructure is a national priority, Washington, DC, lawmakers can’t seem to kick legislation into high gear. That leaves state and local governments to sort out the messes on their own. Economist Aaron Klein’s four intriguing proposals could pave the way toward more efficient infrastructure solutions. getAbstract recommends this thought-provoking article to public and private sector investors.

Take-Aways

  • In 2017, the American Society of Civil Engineers estimated it would cost $4.6 trillion to restore the entire US infrastructure. 
  • Four cooperative frameworks can help governments at all levels to view infrastructure as an investment rather than as spending, as well as to provide more resources and to enable smart choices. 
  • “Pooled procurement” can achieve economies of scale, and “open source material competition” can save money.  

About the Author

Aaron Klein is a fellow of economic studies at the Brookings Institution.

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