This is an interesting idea, but rather complicated. Would it not be simpler to increase the minimum wage?
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Economics
Bill Mitchell: Federal Reserve Bank researchers openly acknowledge the inevitability of recession
The Federal Reserve sees a recession and higher unemployment as the solution to inflation Read Here Photo: Dan Smith licensed under the Creative Commons Attribution-Share Alike 2.5 Generic
Climate Crisis
The Guardian: Avoid London, police warn motorists, amid Extinction Rebellion ‘swarming’ protests
Disruption could continue until Saturday as Extinction Rebellion continues climate change protest Read here
Economics
Bloomberg: Australia Economist Steve Keen to Run for Parliament, Pursue MMT
Keen wants to revive ex-PM Robert Menzies’ economic golden era Would seek lower house prices, central bank digital currency Read here Parliament House in Canberra, Australia. Photographer: Rohan Thomson/Bloomberg
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