Michael Likosky directs the Center on Law & Public Finance and is senior fellow at New York University’s Institute for Public Knowledge. He has a doctorate from Oxford Law Faculty and has held visiting posts and fellowships at several institutions including Oxford University and the University of Bonn. Likosky has been a tenured law professor in international economic law at University of London. He has written five books, including three with Cambridge University Press, most recently Obama’s Bank: Financing a Durable New Deal (Cambridge, 2010). Likosky advises government officials, leading investors (D. E. Shaw, Morgan Stanley, Credit Suisse, and others), major firms (ABC, CBS, ESPN, NBC), labor unions, and others on infrastructure policy and investment. Institutional Investing in Infrastructure senior editor Drew Campbell spoke to Likosky about the prospects for a national infrastructure bank in the United States.
Why does the United States need a natio