Examines the four arguments for more public investments in infrastructure spending: shortsighted government policies allowed infrastructure spending to fall sharply and the nation's roads and bridges to deteriorate; lower infrastructure spending in the past was a key reason the economy performed...

Argues that if we wish to have a comprehensive income tax, and if the Tiebout model is a reasonable approximation of the structure of local government, then the implicit income from the local public capital stock must be included in the tax base