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http://www.itinerainstitute.org/en/library/itinera-publications-presentations/_paper/public-investments-and-the-economy/
Public investments and the economy
Abstract  
31 July 2008  
Ivan Van de Cloot  
Often, public investments are not based upon economic arguments but turn out to be a real horse trading. Economists, on the other hand, always plead in favour of weighing social benefits against societal costs (including potential pernicious effects on health and environment). Public authorities oblige everybody to financially support their projects. It is only normal they should manage that money well.

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