Keynesian thought is making a comeback in the policy world as well. Here we’ve collected information on current policy proposals that draw on Keynesian ideas about income inequality, aggregate demand, the importance of the state as a source of investment, and the role of central banks in the economy.
Green New Deal
Policies
Rep AOC and Senator Markey GND Proposal and Sunrise Movement Homepage
US Climate Action Network Vision for Equitable Climate Action
Green Party Outline of a GDN
AFL-CIO Green Infrastructure
Blue-Green Alliance Solidarity for Climate Action
Equitable and Just Climate Platform Platform
United Nations Green New Deal Report
Green New Deal Group Homepage
Green Stimulus Proposal Wealth of policy options
Books
Naomi Klein On Fire: The (Burning) Case for a Green New Deal
Ann Pettifor The Case for the Green New Deal
Jeremy Rifkin The Green New Deal: Why the Fossil Fuel Civilization Will Collapse by 2028, and the Bold Economic Plan to Save Life on Earth
Kate Aronoff, Alyssa Battistoni, Daniel Aldana Cohen, & Thea Riofrancos A Planet to Win: Why We Need a Green New Deal
Noam Chomsky & Robert Pollin The Climate Crisis and the Global Green New Deal: The Political Economy of Saving the Planet
Stan Cox The Green New Deal and Beyond: Ending the Climate Emergency While We Still Can
Guido Girgenti & Varshini Prakash Winning the Green New Deal: Why We Must, How We Can
Mariana Mazzucato The Entreprenurial State
Articles
David Roberts – Vox – At last, a climate policy platform that can unite the left
Robinson Meyer – The Nation – A Centuries-Old Idea Could Revolutionize Climate Policy
Jacobin – Green New Deal dedicated issue
Fed Reform
Nominal GDP Level Targeting
David Beckworth
Scott Sumner
Goldman Sachs
Brookings
St Louis Fed
Christina Romer
Paul Krugman
Michael Woodford
Gross Labor Income Targeting
Employ America
Helicopter Money
Maxine Waters (D-CA)
David Beckworth
The “Fed Up” Campaign
Reform Fed Governance to be more Public and Diverse
Governance and the Constitution
Peter Conti-Brown
State and Local Debt Funding Reform
Skanda Amarnath and Alex Williams
Books
Frances Coppola The Case for the People’s QE
George Selgin The Menace of Fiscal QE
Articles
Ben Bernanke – Helicopter Drops
Adair Turner – INET – The Case for Monetary Finance – An Essentially Political Issue
Willem Buiter – Citigroup – The Simple Analytics of Helicopter Money: Why It Works – Always
Jordi Gali – Barcelona GSE – Thinking the unthinkable: The effects of a money-financed fiscal stimulus
Michael Heise – World Economic Forum – Why Helicopter Money Should be Kept on the Ground
New Bagehot Project – Yale – Many detailed policies and academic resources
Annie Lowrey – The Atlantic – We Need to Start Tossing Money Out of Helicopters
David Fettig – Minneapolis Fed – When the Fed Lent to Main Street
George Selgin – Cato – Holding the Line: Maintaining Fiscal and Monetary Policy Boundaries in the Midst of a Crisis and The Treasury’s Helicopter Cop-Out and MMT’s Big Coin Gambit (redux)
Greg Ip – The Economics of the Platinum Coin Option
Peter Stella & Åke Lonnberg – Issues in Central Bank Finance and Independence
Marco Del Negro & Christopher A. Sims – When Does a Central Bank’s Balance Sheet Require Fiscal Support?
Jeanna Smialek – NYT – The Politics of Fed Purchases of Municipal Debt
UBI
Automatic BOOST
Representative Rashida Tlaib (D MI)
Prepaid cards, $1000 a month to every citizen, paid for by minting two $1 trillion coins
Budget Neutral UBI
AEI Proposal
The Freedom Dividend
Andrew Yang’s Proposal
Stockton CA Pilot Program
Experimental program
100 residents, $500/month for 18 months
Y Combinator Pilot Program
Experimental program
3,000 residents across 2 states for 3 years
Chicago Pilot Program
Experimental program
1,000 residents, $1000/month for 18 months
Books
Lynn Stout, Sergio Gramitto, and Tamara Belinfanti Influence and Income to All: Citizen CapitalismJose Antonio Noguera, Yannick Vanderborght, Karl Widerquist, Jurgen De Wispelaere A Anthology of Current Research
Erik Brynjolfsson and Andrew McAfee The second machine age
Phillipe VanParijs Basic Income: A Radical Proposal (and book review)
Martin Ford Rise of the robots
Andy Stern and Lee Kravitz Raising the Floor
Nick Srnicek and Alex Williams Inventing the Future
Articles
Samuel Hammond – Niskanen Center – Negative Income Tax vs UBI explained
OECD Policy Note – How to Pay for a UBI
Charles Murray – UBI as a replacement for the Welfare State
Annual Review of Economics – Seven scholars summarize the issues
Aziz Driskell – Wharton Business School – A Closer Look at UBI
Wiederspan et al. – University of Michigan – A Negative Income Tax Reconsidered
Damon and Marinescu – The Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund
Ioana Marinescu – University of Pennsylvania – No Strings Attached: The Behavioral Effects of U.S. Unconditional Cash Transfer Programs
Steve Randy Waldman – Perspectives on a Universal Basic Income
Job Guarantee
Pavlina R. Tcherneva
Levy Economics Institute
Operational Proposal
Mark Paul et al.
Center on Budget and Policy Priorities
Policy Report
Marshall Plan for America
Center for American Progress
Policy Justification and Outline
Articles
Muralidharan et al. UC San Diego and UV Randomized experiment with JG in India
Sinduja Srinivasan RAND Corporation Effects of Indian JG on entrepreneurship
RGK 