Money, Government and the Public Interest | Vienna

This workshop will empower participants to counter the common narrative that public investment is unaffordable or must be paid for by implementing austerity measures. Whether for healthcare, education, pensions, climate action, and whatever is needed in a transition to a sustainable post-growth economy, you will come away with a true understanding of how governments spend money and what is possible.

Course outline: The program will comprise a series of introductory talks and participatory group discussions based on short articles and case studies relating to the nature of money and the role of government budgets. The workshop will be conducted in English.

Facilitator: Associate Professor Steven Hail, Lecturer at Torrens University Australia and Economist at Modern Money Lab.

Morning refreshments and lunch will be provided on both days

DAY ONE

9:30am—10:00am Registration

10:00am—11:00am Part 1: Money - what it is and where it came from.

11:00am—11:30am Morning tea break

11:30am—12:30pm Part 2: The power of the purse - national budgeting

12:30pm—1:30pm Lunch break

1:30pm—2:30pm Part 3: The big bad wolf - sources of inflation.

2:30pm—3:00pm Afternoon tea break

3.00pm—4:30pm Part 4: Finding The Money documentary screening

4:30pm—5:00pm Part 5: Q and A

Evening social

DAY TWO

10:00am—11:00am Part 6: The European Central Bank - what it can do and what it can't.

11:00am—11:30am Morning tea break

11:30am—12:30pm Part 7: Private money creation, financial resilience and financial fragility

12:30pm—1:30pm Lunch break

1:30pm—2:30pm Part 8: Exchange rates and international debt

2:30pm—3:00pm Afternoon tea break

3:00pm—4:00pm Part 9: Beyond Growth panel: MMT and Degrowth

4:00pm—5:00pm Part 10: Countering myths about money and next steps