From Theory to Action
Hockett's work isn't just theoretical. It provides the legal blueprint for transformative public policy.
The Green New Deal
Hockett was a key architect of the Green New Deal's financial framework. His analysis demonstrates that the U.S., as a monetary sovereign, faces no financial constraints in funding a transition to renewable energy—only real resource constraints.
- Federal Reserve Act: Using Section 13(3) to back public investment.
- National Investment Authority: A proposed institution to coordinate public-private financing.
Green New Deal Funding Simulator
Explore how public investment via the Fed's balance sheet pays for itself through economic growth, rather than relying solely on immediate taxation.
Range: $500B - $5T
Range: 0.5x - 3.0x
Total GDP Impact
$3000B
Recouped Tax Revenue
$600B
Net Fiscal Cost
$1400B
Regional Development Projects
Visualizing potential National Investment Authority projects across the United States, focusing on green infrastructure and industrial revitalization.
Select a region to view proposed public-private investments.
Appalachian Clean Energy Hub
Rust Belt High-Speed Rail
Gulf Coast Resilience Barrier
Detroit Green Manufacturing Zone
Southwest Solar Corridor
Digital Currency & Public Money
Hockett argues that the "FinTech" revolution is actually a return to the ledger-based nature of money, but it requires public oversight to prevent new forms of "wildcat banking."
- Digital Dollar: Advocating for a democratic CBDC (Central Bank Digital Currency).
- Inclusive Banking: Using digital wallets to end financial exclusion.