U.S. Cities Need Private Spending on Public Works

In his latest Bloomberg View column, Advisory Council member Peter Orszag discusses how to design private-public partnerships for financing infrastructure in the U.S. He highlights a Hamilton Project paper “Public-Private Partnerships to Revamp U.S. Infrastructure” in which Eduardo Engel, Ronald Fischer, and Alexander Galetovic propose a series of best practices for state and local governments to follow when using public–private partnerships to provide infrastructure. The paper also was cited by Michael Deane, Executive Director of the National Association of Water Companies, in a blog post for the Huffington Post on the need for public-private partnerships for the nation’s water infrastructure.