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This is the most brilliantly simple idea to spur economic growth aired at Davos so far

from Business Insider

At the World Economic Forum in Davos, you hear of a lot of vague platitudes about job creation, inequality and economic growth. Some of the ideas you hear being floated are impossibly ambitious, like Al Gore's $90 trillion scheme to redesign every city on the planet. But Sir Christopher Pissarides, a Nobel laureate economist at the London School of Economics (who taught Thomas Piketty as a student!) told Business Insider about a wonderfully simple idea that creates or sustains three jobs for each single job subsidised by government spending. more


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