Bericht

Can we afford the Green New Deal?

In this policy brief, Yeva Nersisyan and Senior Scholar L. Randall Wray argue that assessing the "affordability" of the Green New Deal is a question of whether there are suitable and sufficient real resources than can be mobilized to implement this ambitious approach to climate policy. Only after a careful resource accounting can we address the question of whether taxes and other means might be needed to reduce private spending to avoid inflation as the Green New Deal is phased in. Nersisyan and Wray provide a first attempt at resource budgeting for the Green New Deal, weighing available resources - including potential excess capacity and resources that can be shifted away from existing production - against what will be needed to implement the major elements of this plan to fight climate change and ensure a just transition to a more sustainable economic model.

ISBN
978-1-936192-63-2
Language
Englisch

Bibliographic citation
Series: Public Policy Brief ; No. 148

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Nersisyan, Yeva
Wray, L. Randall
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
2020

Handle
Last update
03.06.0023, 8:01 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Bericht

Associated

  • Nersisyan, Yeva
  • Wray, L. Randall
  • Levy Economics Institute of Bard College

Time of origin

  • 2020

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