Global Institutions for National Productive & Monetary Autonomy

Maynard Keynes' plans for the postwar economic order in the mid-1940s aimed to afford maximal monetary and industrial policy autonomy to all nations through capital controls, regular currency readjustments, and a global liquidity provider that would do for the world what the Federal Reserve System does for the US. The US improvidently rejected the Keynes plans, opting instead for inferior alternatives - a blunder for which we and the world are still paying. These books and papers develop updated, 'digital' renditions of the Keynes plans for the present century and beyond. They also argue that the present is a particularly auspicious time for such plans, as the US is now situated to see their wisdom while still possessed of sufficient global influence as to see them through.

Image: Lydia Lopokova & her husband, Maynard Keynes, whose ICU plans for what became the IMF were far superior to the US's plan. Hockett's plan for a Digital ICU adapts the Keynes plan to the present.
  1. Global Ledger Money (under contract)
  2. Bretton Woods 1.0: An Essay in Constructive Retrieval
  3. Open the Marriage to Save It: A Peer-to-Peer Savings & Payments Platform and Complementary Digital Euro Plan
  4. Three (Potential) Pillars of Transnational Economic Justice: The Bretton Woods Institutions as Guarantors of Global Equal Treatment and MarketCompletion
  5. From Macro to Micro to 'Mission-Creep': Defending the IMF's Emerging Concern with the Infrastructural Prerequisites to Global Financial Stability
  6. From Mission Creep to Gestalt-Switch: Justice, Finance, the IFIs, andGlobalization's Intended Beneficiaries
  7. Institutional Fixes Versus Fixed Institutions
  8. Were 'It' to Happen: Contract Continuity Under Euro Regime Change
  9. What the Euro's Troubles Really Mean
  10. Save Europe's Marriage with a Trial Separation
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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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