The Coronavirus pandemic calls for both emergency supply-side productive mobilization and demand-side spending support measures. Measures of the latter kind are fortunately now under discussion in Congress. What remain to be developed are two things: first, complementary supply-side measures –...

I propose a specific use for the Treasury-issued ‘Digital Greenbacks' (DGBs) and associated system of TreasuryDirect Digital Wallets that I have proposed elsewhere. I propose that these be issued as equitably distributed ‘Treasury Growth Dividends' (TGDs) under normal circumstances, and...