The Economics of Independence for Scotland and Wales – Monetary Sovereignty
Understanding the importance of issuing your own currency in an independent Scotland and Wales
In this unique short series of events (Glasgow 11th July and Cardiff 18th July), Scotonomics, AUOB Cymru and Melin Drafod have come together to put on a fantastic event to focus on the importance of our independent nations issuing their own currency: on day one of independence.
Programme
17.00 (Optional pre-event workshop) – Principles of Modern Monetary Theory
William Thomson, Political Economist, Scotonomics
17.45 Doors and refreshments
18.00 Welcome and the State We Are In – An economic summary of the United Kingdom
Kairin van Sweeden, SNP Councillor and Craig Dalzell, Head of Policy and Research, Common Weal
18.30 The Economic Narrative of Independence
Should the narrative for economic independence focus on an anti-austerity message? Stability? The only option to the failed state of the UK? Universal Basic Services, A Job Guarantee or a UBI? A wellbeing economy?
William Thomson, Scotonomics and Mark Hooper, Plaid Cymru
19.15 Facilitated group discussion on the vision for independence
19.45 Break with refreshments
20.00 Monetary Sovereignty
Dr Thibault Laurentjoye, Author, “Currency Options For An Independent Wales” and commissioned by Scottish Currency Group “Options available for Scotland’s currency post-independence.” Interviewed by Kairin van Sweeden,
20.30 How an understanding of Modern Monetary Theory (MMT) supports independence
William Thomson, Scotonomics and Mark Hooper, Plaid Cymru
21.00 END
Solidarity £15 / General Admission £10 / Concession £5


