David H. Aschauer

David H. Aschauer was an American economist known for his research on how government spending on infrastructure—such as roads, schools, and transit—affects economic growth. He argued that such investments boost productivity and increase overall economic output by improving the infrastructure that businesses rely on. His work suggests that well-planned public investment can have a significant positive impact on a country’s economic performance, especially during economic downturns, by creating jobs and enhancing long-term growth potential.