beware of the “poverty of ambition” in a culture of “the big house and the nice suits.”
College seniors might start by reading “A New Bank to Save Our Infrastructure” in the current edition of The New York Review of Books, an impassioned plea from Felix Rohatyn (who knows something of financial rescues) and Everett Ehrlich for the creation of a National Infrastructure Bank, or N.I.B.
Its aim, at a time when the Chinese are investing $200 billion in railways and building 97 new airports, would be to use public and private capital to give coherence to a vast program of public works.
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