Sentences with phrase «basic infrastructure costs»

Here's an axiom to consider, a basic truth I bet politicians and municipal bureaucrats understand better than anyone else: Basic infrastructure costs a lot of money and it requires ugly work that's hard to get done on time and on budget and it never, ever pulls in the votes.

Not exact matches

This freedom is best achieved by adopting the classical policy of taxing land rent and other natural resource rent, and to regulate the price of basic infrastructure services and natural monopolies to keep their prices in line with necessary costs of production.

Their self - destructive real estate bubble has loaded down their labor force with high debt service and housing costs, whilst their giveaway of public infrastructure to insiders (with no price regulation) has led to high basic living costs.

Governments were expected to tax away land rent and natural resource rent, regulate monopolies to bring prices in line with actual cost value, and create basic infrastructure with money created by their own treasury or central bank.

We need to increase the levels of spending on basic science, creating new knowledge, and make certain that the money is maximized, both in the direct costs of funding research and the indirect costs of the infrastructure, such as buildings and equipment.

I'd agree with you 100 % that «the poorest countries will suffer the most» if they are prevented from developing a reliable, low - cost energy infrastructure based, where possible, on local basic energy resources, to lift themselves out of poverty (as we in the industrialized world did a century ago).