In the thirty-third episode of this season, David interviews Michael Simkovic on the topic of government investments.
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If you want to find out more about Professor Simkovic you can find out more at: https://gould.usc.edu/faculty/?id=73520
Some Paper by Professor Simkovic
PWBM Critique - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3604333
The Knowledge Tax - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2551567

CORRECTION: During the podcast, Prof. Simkovic pointed out that interest rates today, at around 1 to 2%, in contrast to their peak in 1981; interest rates at their peak were in fact 15%, rather than 18%.