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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

Tickets Available here

Solidarity £15 / General Admission £10 / Concession £5

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