Robert Hockett

Robert Hockett is a law professor at Cornell Law School. His principal teaching, research, and writing interests lie in the fields of organizational, financial, and monetary law and economics in both their positive and normative, as well as their national and transnational, dimensions. His guiding concern in these fields is with the legal and institutional prerequisites to a just, prosperous, and sustainable economic order.

The Inclusive Value Ledger – Digital Dollars and Digital Platforms for Digital Public Banking

Executive Summary Since Facebook announced Libra, its proposed “global crypto-currency,” a bit over a year ago, central banks and monetary authorities worldwide have accelerated their efforts to develop central bank digital currencies (CBDCs). Sweden and China, for example, were nearly ready to test their own proto-CBDCs even before last summer. Thanks to CBDCs’ promise to […]

Robert Hockett

Jul 28, 2020

A New Federal Reserve Initiative Could Keep State And Local Governments Funded Through The Pandemic

The Fed’s new Municipal Liquidity Facility can be a necessary financial lifeline to states facing a cash crunch — but only if they use it properly and completely.

Robert Hockett

May 13, 2020

A New Federal Reserve Initiative Could Keep State And Local Governments Funded Through The Pandemic

The Fed’s new Municipal Liquidity Facility can be a necessary financial lifeline to states facing a cash crunch — but only if they use it properly and completely. This research and analysis is part of our Discourse series. Discourse is a collaboration between The Appeal, The Justice Collaborative Institute, and Data For Progress. Its mission […]

Robert Hockett

May 13, 2020