J.D. ALT

J.D. ALT

J.D. ALT is an architect who has spent much of his career researching, inventing, and visualizing things that he hoped might improve the quality-of-life and prosperity of collective society. Gradually, he came to two realizations: first, the kinds of things he was envisioning (free-to-ride downtown people-movers and affordable housing strategies) would never be undertaken by a profit-oriented corporate business model and, second, the only other possible financier--the federal government--was "broke" and hopelessly in debt. Alarmed and discouraged by these realizations, he stopped thinking about new things to build and started investigating how--and why--it could possibly be true that collective society was, "for lack of money," so helplessly unable to build things it both needed and could dramatically benefit from. This investigation led him to a group of economists, loosely organized around the University of Missouri Kansas City, who were trying to explain to other economists (and the world in general) a counter-intuitive explanation of how money actually "works" in a modern society. This explanation, he suddenly realized, made everything he had been visualizing and designing possible. The challenge was to get the rest of the world to see it as well.
cityscape with gears
Economic Justice

Functional Fiscalism

What I am going to imagine here is an argument that a progressive politician (for example, someone associated with a new Biden administration) could make

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peiople looking at a computer
Economic Justice

The Millennials’ Money

Modern fiat money, once it becomes a “visible reality” for more and more people, can’t help but become a force for positive change in our political discourse and collective future.

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framers
Economic Justice

Framing a Job Guarantee

Ms. McArdle is being disingenuous in planting the idea that everyone who is paid with federal dollars is a federal employee; it’s an idea that immediately discredits the JG program, and it should be proactively discredited itself.

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