Institutions for Perpetual National Development

These books and papers develop a full set of Hamiltonian development institutions suited to ensuring perpetual productive development through the 21st century and beuond. Together with the asset-spreading programs laid-out in the Submodule above, they pave the way to a high energy economy in which the nation and the citizenry alike can be, in Bob Dylan's words. ever 'busy being born' instead of 'busy dying.'

Image: Friedrich List, who systematized the insights of James Steuart and Alexander Hamilton to devise a full theory of state-facilitated perpetual productive development.
  1. An FSOC for Continuous Public Investment: The National Reconstruction and Development Council
  2. Building Back Better Forever: The National Reconstruction and ContinuousDevelopment Act of 2021
  3. War on Inflation, Part 3 – Resuming Leadership in HighCapacity Battery Manufacture
  4. War on Inflation, Part 2 – Restoring Leadership inSemiconductor Production
  5. War on Inflation, Part 1 – The Lesson of World War II
  6. Making America Make Again
  7. A Production Mobilization Plan for Immediate COVID-Containment and Economic Revitalization
  8. An Immediate Relief Plan forCoronavirus-Related Economic Mitigation
  9. National Investment in National Renewal – Three Why’s and Three How’s
  10. National Reconstruction With or Without Congress: The InvestAmerica Plan
  11. Universal Deposit Insurance for Sector-Specific Industrial Banking
  12. Financing the Green New Deal: A Plan of Action and Renewal
  13. The Green New Deal: Mobilizing for a Just, Prosperous, and SustainableEconomy (w/ Rhiana Gunn-Wright)
  14. Public Infrastructure Investment, Renewed Economic Growth, and the U.S.Fiscal Position (w/ Robert H. Frank)
  15. The Way Forward (w/ Dan Alpert & Nouriel Roubini)
  16. 'Not a Thing': Seven Legal Reasons the Federal 'Debt Ceiling' is Null and Void
  17. Public-Private Partnering in Crisis and Beyond: Why Now for a National Investment Authority, a National Reconstruction & Development Council, or aHealth Finance Corporation
  18. Financing Continuous Development: The 'American Plan' of State Capitalism (w/ S. Omarova)
  19. Private Wealth and Public Goods: A Case for a National InvestmentAuthority (w/ S. Omarova)
  20. White Paper: A National Investment Authority(w/ S. Omarova)
Check out More

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.

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.

Subscribe to my Substack

Subscribing is free, but there's also a paid tier if you want to support Capital Future's writing. Revenue is split with collaborators who help maintain this site and the Substack.

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.