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The Won't Get Fooled Again Act

A Comprehensive Framework for Converting Failed Financial and Artificial Intelligence Institutions into Mission-Driven Public Utilities

The Won't Get Fooled Again Act

Executive Summary

1. Dual Bubbles and the Threat to the American Economy

2. The Fiscal Constraint

3. The Failure of the Status Quo

4. The Banking Solution

5. The Technology Solution

6. Legal Mechanisms for Seizure and Conversion

7. The Valuation Mechanism

8. Governance, Operations, and Democratic Oversight

9. Economic Viability

11. Appendix: Comparison of Resolution Regimes

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The Won't Get Fooled Again Act

A Comprehensive Framework for Converting Failed Financial and Artificial Intelligence Institutions into Mission-Driven Public Utilities

Overview Executive SummaryNext

An economic policy think tank championing the return of public leadership in economic development. Authors of the Green New Deal and Mission for America.

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