Economics of Infrastructure Spending

A NYT piece notes:

http://www.nytimes.com/2016/09/19/business/economy/coming-soon-economists-hope-big-spending-on-roads-bridges-and-ports.html

“The federal government, with its wide latitude to spend on ambitious projects, is in a singular position to make investments no one else will.

But the government’s power to act has also set off a robust debate about how much more it should spend on infrastructure and how it should be funded. Spend too little, and the nation’s backbone deteriorates and the cost of future repairs mounts. Spend too much too fast, and the government could crowd out private investment, possibly leading to higher inflation and pushing up interest rates.”

Related:

https://www.bloomberg.com/view/articles/2016-09-16/the-balance-right-on-infrastructure-spending
http://www.nytimes.com/interactive/2016/09/16/business/economy/infrastructure-gdp-age-traffic.html