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Money from Nothing

Or, Why We Should Stop Worrying about Debt and Learn to Love the Federal Reserve

Author: Aaron James and Robert Hockett  

Hardcover

From Alexandria Ocasio-Cortez's economic advisor Robert Hockett and bestselling philosopher Aaron James comes a probing exploration of what the dollar really is (even some economists misunderstand or ignore it) and how its power can be harnessed to create the shared prosperity that has always been the great promise of American democracy.

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Hardcover

PRODUCT INFORMATION

Summary

From Alexandria Ocasio-Cortez's economic advisor Robert Hockett and bestselling philosopher Aaron James comes a probing exploration of what the dollar really is (even some economists misunderstand or ignore it) and how its power can be harnessed to create the shared prosperity that has always been the great promise of American democracy.

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Description

It's been over a decade since the 2008 financial crisis, we're still grappling with the political upheaval it created. We've yet to learn what the crisis has to teach us about money and what can restore our democracy. To address this problem, Money from Nothing lays out a new vision of money and public finance, without the wonky policy arguments that make even the educated reader's eyes glaze over. Most importantly, the plan laid out here avoids the pitfalls of unwanted taxes, added regulation, and increased inflation.

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About the Author

Bob Hockett has first-hand experience working at the International Monetary Fund and the Federal Reserve Bank of New York, and continues to consult for a number of US federal, state and local legislators and regulators. He drafted Rep. Alexandria Ocasio-Cortez's "Green New Deal" resolution for the House of Representatives and officially advises her on economic policy. Bob is also Edward Cornell Professor of Law and a Professor of Public Policy at Cornell University, Senior Counsel at Westwood Capital (a socially responsible investment bank), and a Fellow of The Century Foundation (a think tank). He's a regular contributor to Forbes magazine, where he covers finance, economics, law and justice. Aaron James holds a PhD from Harvard and is professor of philosophy at the University of California, Irvine. He is the author of Fairness in Practice- A Social Contract for a Global Economy , the bestselling Assholes- A Theory , Assholes- A Theory of Donald Trump , Surfing with Sartre and numerous academic articles. He was awarded a Burkhardt Fellowship from the American Council of Learned Societies and spent an academic year at the Center for Advanced Study in the Behavioral Sciences at Stanford University.

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Product Details

Publisher
Melville House Publishing
Published
15th September 2020
Pages
1
ISBN
9781612198569
$58.21
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