Purging Paretianism

These papers demonstrate the incompatibility of Paretianism with any principled normative stance whatever, be it in ethical, political, or welfare economic theory.

Vilfredo Pareto, Walras's successor as leader of the Lausanne School of economics, was a misanthrope who inhabited an inherited castle he shared only with cats. He later supported Mussolini.
  1. Pareto versus Welfare
  2. Why Paretians Can't Prescribe: Preferences, Principles, & Imperatives in Law & Policy
  3. Putting Distribution First
  4. Taking Distribution Seriously
  5. The Deep Grammar of Distribution: A Meta-Theory of Justice
  6. Market Completeness, Market Neutrality, & Ethically Cognizable Efficiency: An Ordinal-EquivalenceTheorem (working paper)
  7. Ethically Cognizable Efficiency: An Essay in Reconstruction (working paper)
  8. The Form of Welfare (working paper)
  9. Recursive Social Welfare Functions (working paper)
  10. Three Understandings of ‘The Priority of the Right Over the Good’ (working paper)

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Columns, OpEds, Occasional Journalism

I'm no Marx or Keynes, but like them I do try to accompany most of my scholarly, policy advocacy, and legislative work with more accessible journalistic companion pieces. Here are some of my regular columns for Forbes, The Hill, FT, and Huffington Post, along with other occasional journalism.

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The Green New Deal

The Green New Deal initiative begun in 2018 marked the beginning of a return to ambitious public-private coordination in the cause of rebuilding the American economy along more just, productive, and sustainable lines. Hockett worked with Rep. Ocasio-Cortez and her team from the start on the GND Resolution introduced to Congress in early 2019, then on the initiative's finance plan as well as much follow-up legislation found in the 'Legislation' Module of this site.

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