Rogoff: Curate Infrastructure to Assure a Good Return

The transcript discusses the importance of infrastructure investment, highlighting the potential returns and the role of government in funding such projects. It emphasizes the need for careful selection of projects with good returns and addresses the political and legal challenges involved. The conversation also touches on the idea of a technocratic approach to project selection, drawing comparisons with the UK's efforts. The discussion concludes with a reflection on the complexities of infrastructure development in modern economies.

What comparison is made regarding the ease of building infrastructure in different countries?

What is the significance of the mention of the UK needing another runway?