U.S. Infrastructure and Subsidy Spending: Not What You Might Expect

In my last two posts, I showed that the U.S. has a large social welfare state by cross-national standards, maybe even the second-largest in the OECD. However, the U.S. welfare state is much less redistributive from rich to poor than most other welfare states. In this post, I tackle spending on infrastructure ("gross fixed capital … Continue reading U.S. Infrastructure and Subsidy Spending: Not What You Might Expect