Maintaining Civilization

Maintenance is much on my mind as megafires once again rage across California and President Biden’s infrastructure proposals collide with the partisan stonewall in Congress. During the 1930s, it took about 16,000 Civilian Conservation Corps (CCC) recruits two years to… read more

Investing In Prosperity

Investing In Prosperity   The New Deal was an unprecedented campaign of national construction. According to a study by economists Price Fishback and Valentina Kachanovskaya, the New Deal cost $41.7 billion at the time—about $827 billion in today’s dollars. What did… read more