The private finance myth: why the market won’t solve Europe’s infrastructure crisis

Maike Schmidt and Theo Harris wrote for Green European Journal about why the market won’t solve Europe’s infrastructure crisis:

“Everyone appears to agree on the need for more infrastructure investment, but the prevailing question is: who is going to pay for it? In answering this question, policymakers are falling for the private finance myth: the idea that the market will finance our essential public services.”

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