Well done to the Senior Lecturer here

A chapter in a book based upon this:

All are extraordinary suggestions for extraordinary times. Economic, policy and intellectual elites of a variety of stripes are deeply concerned and troubled.
The common thread is demand deficiency. As Yanis Varoufakis has noted there is a shortfall in investment, particularly in the things we need most such as environmentally friendly sustainable new technologies, infrastructure projects and research and development, all of which suffer from progressively shortening financial time horizons. The consequence is that investment in the very things that do most to generate productivity, growth and meaningful long term work, are at risk in an age of asset management.

Too little investment is a demand deficiency now, is it?

8 comments on “Well done to the Senior Lecturer here

  1. So nobody is building windfarms. Nobody is installing solar panels. The M3 and Crossrail are not under construction. It’s bad enough when supposedly professional economists such as Wrong-Lewis spout this drivel. Snippa is just the echo in the sewer pipe of academic economists

  2. The consequence is that investment in the very things that do most to generate productivity, growth and meaningful long term work, are at risk in an age of asset management.

    Leaving aside the meaninglessness of “an age of asset management”, asset managers by definition don’t concern themselves with investment in that sense.

  3. also I know people who invest in wind farms and electricity distribution and all the other good stuff – their time horizon for decision making is usually a bare minimum of five to ten years and usually twenty or more. The greatest uncertainty they have to deal with is The Curajus Staet (i.e. incompetent governments) fucking things up with perverse regulation rather than just leaving things alone

  4. The biggest risk to wind farms is that the state will finally come to its senses, stop being so damned Curajus, and eliminate perverse regulation like feed in tariffs or production tax credits, etc.

  5. ‘things we need most such as environmentally friendly sustainable new technologies’

    Don’t have to do anything, just be environmentally friendly and sustainable.

  6. Southerner, even essay writing services provide material more cogent than what the Great Dick Tater splurges out all over his blog.

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