With unemployment above 10 percent the federal government is considering another stimulus package in an effort to create or save more jobs. The idea of spending more stimulus money gives us pause. We do believe that stimulus money can truly stimulate the economy, but only if the money is spent in a financially intelligent way, that is, allocated to projects that have a positive net present value (NPV).
More Stimulus Spending: Do the Benefits Outweigh the Costs?
With unemployment above 10 percent the federal government is considering another stimulus package in an effort to create or save more jobs. The idea of spending more stimulus money gives us pause. We do believe that stimulus money can truly stimulate the economy, but only if the money is spent in a financially intelligent way, […]
December 15, 2009
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New!
HBR Learning
Finance Essentials Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.