Bernard Guilhon

Bernard Guilhon

Professor Emeritus of Economics at Aix-Marseille University, SKEMA Business School

Public investments: why a reread of Keynes is a must

Last March, Joe Biden's first economic recovery plan was adopted by Congress. With a budget of 1900 billion dollars, it is intended to directly help millions of American households. A second $2.3 trillion "Build Back Better" investment plan will invest in infrastructure, education and health care to create millions of jobs and combat climate change. These plans contain fiscal provisions that bring them closer to Keynesian policies.