Saturday 27 June in Stockholm: a full-day workshop on how governments actually spend money and what real constraints look like. The myth that public investment must be "paid for" by cuts elsewhere collapses once you understand monetary sovereignty. #MMT

The euro forced member states into an operational contradiction: they issue fiscal policy but not the currency. National central banks can create euros; the mechanics exist; yet EU fiscal rules forbid the political act. This is not monetary impossibility. #MMT

Public investment is not unaffordable. EU fiscal rules are political choices, not economic laws. Join us in Brussels on 28 June for a workshop on how governments actually spend money, what real constraints exist, and how to build the case for public services that work. #MMT

Join us in #Stockholm on 27 June for a workshop that dismantles the austerity myth. You'll learn how governments actually spend money, why public investment in healthcare, education, climate action is affordable. #MMT

Thank you to everyone who joined us at Modern Money Lab's workshop in Brighton on Saturday 20 June. We heard from Steven Hail on MMT as a policy frame, Patricia Pino on public investment and the cost of living crisis, Christian Reilly on moving from austerity to sufficiency. #MMT

Today is the day. Join us in Brighton for From Austerity to Resilience. Steven Hail, Patricia Pino, Christian Reilly, and Sheridan Kates walk you through how governments actually spend money and why public investment is always affordable. Saturday 20 June, 10:30am-4pm at Jubilee Library. #MMT

EU fiscal rules halted spending on healthcare, pensions, rail. Then came COVID. Within weeks, the rules suspended. Spending resumed. No collapse. The constraint was never economic. It was political choice. Rules bend when the will exists. That's the real lesson for progressive Europe. #MMT

Join us in Brussels on Sunday 28 June for a full day of MMT. We'll dismantle the myth that public investment is unaffordable. Learn how governments actually spend, what's really possible, and how to win the argument for the services and climate action Europe needs. Newcomers welcome. #MMT

The ECB can purchase member-state debt directly; national central banks can create euros for government spending. What stops this is not monetary mechanics but EU fiscal rules; a political choice made in 2011 and suspended in 2020. #MMT

Join us Sunday 28 June in Brussels for a full day of anti-austerity economics. We'll dismantle the myth that public investment is unaffordable. Steven Hail leads three sessions: Finding the Money, Anti-Austerity Economics for Europe, and How to Win. No economics background needed. #MMT

Public investment is not unaffordable. Austerity is a choice, not a necessity. Join us in Stockholm on 27 June for a full day workshop with Modern Money Lab founder Steven Hail. #MMT

Coming to Brighton this month? Join us on 20 June for a full day of MMT economics led by our founder Steven Hail. Patricia Pino and Christian Reilly from the MMT Podcast are here too, alongside Sheridan Kates on why bond-market fears don't hold up. #MMT

EU fiscal rules forbid member states from funding public investment at the scale needed for climate, healthcare, and pensions. But here's the thing: those rules are political choices, not economic laws. National central banks can create euros. The ECB can backstop them. #MMT

EU fiscal rules were suspended in 2020 without breaking the euro. They were reinstated by political choice, not necessity. The real limits on public spending are inflation and resource availability, not solvency. The rules are discretionary. Use them accordingly. #MMT

EU fiscal rules are a political choice, not a law of economics. On 28 June in Brussels, we're running a full day workshop to show how governments actually spend money and what becomes possible when you stop treating public investment as unaffordable. Join us. #MMT

The euro's design flaw runs deeper than most economists admit. Member states surrendered the ability to issue their own currency but retained full fiscal responsibility. Their national central banks can technically create euros, including to fund government spending. #MMT

EU fiscal rules are a political choice, not an economic law. On 28 June in Brussels, we're running a full day workshop on how governments actually spend money and what's really stopping public investment in Europe. Join us to learn the economics that dismantles the austerity myth. #MMT

Would you like to know more? On Sunday, June 28, an interesting and useful meeting will take place in Brussels demonstrating that Europe, too, can get back on track. modernmoneylab.eu/events

Join us in Stockholm on 27 June for a full day of anti-austerity economics. Steven Hail leads three sessions: Finding the Money, Managing Inflation, and How to Win. You'll learn how governments actually spend and what public investment truly requires. No economics background needed. #MMT

The euro's original sin was structural, not moral. Member states surrendered currency issuance to the ECB while retaining fiscal responsibility. Their NCBs can create euros, but EU fiscal rules forbid the political act. This design flaw, not profligacy, triggered the sovereign-debt crises. #MMT

The eurozone's fiscal rules prohibit public investment that the currency is fully capable of funding. Member states' national central banks can create euros; EU fiscal rules forbid the political act. That is the constraint. #MMT

EU fiscal rules were suspended in 2020-21 without any breakdown in the eurozone. They were then reinstated by political choice, not economic necessity. The real constraint on public spending is inflation and real resources, not the deficit ceiling. Rules can be changed. #MMT

(1/5) The euro has a design flaw that most people miss. Eurozone members use a currency they don't issue, while the rules still treat them like household budgets. That's the real problem; not overspending. #MMT

Join us in Stockholm on 27 June for "From Austerity to Resilience." Steven Hail leads three sessions: Finding the Money, Managing Inflation, and Anti-Austerity Economics. Learn how governments actually spend and what public investment truly costs. No economics background needed. #MMT

EU fiscal rules were suspended in 2020-21 without economic collapse. That proves they are political choices, not laws of nature. Member states' national central banks can create euros. The rules decide when they may do so. #MMT

The homeless, workers and much of the middle class often need the same things: affordable housing, economic security, decent jobs and functioning public services. Divided we fall. United we stand. #housing #workers #solidarity #equality open.substack.com/pub/oskarbra...

Public investment is not unaffordable. Governments that issue their own currency face real constraints: inflation and resources. Not solvency. Join us 20 June in Brighton for a full day unpacking how governments actually spend. #MMT

Public investment isn't unaffordable. EU fiscal rules forbid it. Learn the difference at our Brussels workshop on 28 June with Associate Professor Steven Hail. Healthcare, education, climate action; governments can fund what matters. Counter the austerity narrative. #MMT

EU fiscal rules are a political choice, not a monetary constraint. Member states' central banks can create euros. The rules forbid it. That's different from saying they can't. Changing the rules is possible. It requires political will. #MMT

Europe's austerity narrative rests on a lie: that full employment causes runaway inflation. It doesn't. A Job Guarantee anchors prices at the wage floor, not through unemployment. Employ everyone at a living wage, manage real bottlenecks, stabilise inflation. #MMT

Public investment in healthcare, education, climate action isn't unaffordable. Governments spend by creating currency, not by finding money first. Join us in Stockholm on 27 June to learn how to counter austerity myths with MMT economics. #MMT

Europe's fiscal rules are a political choice, not a monetary necessity. Member states' central banks can create euros. EU rules forbid them from doing so. That distinction matters when defending public investment in healthcare, education, climate action. #MMT

(2/5) This distinction matters. Real constraints on spending are inflation and available real resources. A eurozone government faces a fiscal-rule constraint imposed by EU political design, not a literal inability to spend its own currency.

EU fiscal rules are a political choice, not a financial necessity. Member states' central banks can create euros. The real constraint is inflation and resources, not fiscal solvency. Progressive movements need this reframe to win the argument on public investment. #MMT

Europe's austerity consensus isn't economic law. It's a political choice. Join Modern Money Lab EU to help build the economic arguments that counter it. We're hosting workshops in Stockholm (27 June) and Brussels (28-29 June) with Steven Hail. #MMT modernmoneylab.eu/join/

EU governments claim they cannot afford public investment in healthcare, education, or climate action. That's a political choice, not an economic fact. As currency issuers, they face real constraints: inflation and resources. Fiscal rules are not laws of nature. #MMT

Join us in Brussels on 28–29 June for "From Austerity to Resilience." Learn how governments spend money, why public investment is affordable, and how to win the anti-austerity argument. With Professor Steven Hail. Register now. #MMT events.humanitix.com/anti-austeri...

EU fiscal rules say public investment is unaffordable. That's a political choice, not an economic fact. Eurozone members face real constraints: inflation and available resources. Fiscal solvency is not one of them. We can invest in healthcare, climate, education. #MMT

Public investment is not unaffordable. Governments create money when they spend. Join us in Stockholm on 27 June to learn how to build resilient economies without austerity. Steven Hail leads the workshop. Register now. #MMT events.humanitix.com/anti-austeri...

EU fiscal rules aren't economic laws. They're political choices. Germany, France, Italy have all used escape clauses to spend what they needed. The real constraint is inflation and resources, not the deficit ceiling. #MMT

Public investment is affordable. Austerity is a choice, not an economic law. Join Modern Money Lab Europe and help build the economic arguments that counter this myth across the continent. Learn MMT at our workshops in Stockholm (27 June) and Brussels (28-29 June) with Steven Hail. #MMT

Inflation matters. MMT doesn't ignore it. But unemployment is also a cost, paid by real people in lost wages and broken lives. Both sides of that equation belong in any honest policy debate. #MMT #Economics

Public investment builds capacity. Roads, hospitals, clean energy, skills. These aren't costs that crowd out growth. They're the conditions growth depends on. Treating them like household debt gets it backwards. #PublicInvestment

Brussels, 28-29 Jun. Two days on anti-austerity economics in the EU capital with Assoc. Prof. Steven Hail. Real case studies, group discussion, practical tools. Commons Hub Brussels. Tickets: events.humanitix.com/anti-austeri...

The EU's 3% deficit rule has no economic foundation. It was negotiated, not discovered. Real limits on government spending come from inflation and real resources, not an arbitrary number in a treaty. #EUFiscalRules

A job guarantee doesn't compete with private employers. It sets a floor. Anyone willing to work gets a fair wage in public service. That floor lifts wages and conditions everywhere else too. #JobGuarantee #MMT

Stockholm, 27 Jun. One day with Assoc. Prof. Steven Hail on anti-austerity economics: Finding the Money, Managing Inflation, How to Win. Moderna Museet. Grab a ticket: events.humanitix.com/anti-austeri...

Austerity isn't caution. It's a choice. Cutting public spending during a downturn shrinks demand, kills jobs, and delays recovery. The 'fiscally responsible' framing is politics dressed up as economics. #MMT #EUPolicy

Inflation is real. MMT doesn't dismiss it. But unemployment is also a cost, paid in lost wages, lost health, lost futures. Balancing those tradeoffs honestly is what good economics looks like.

Public investment in clean energy doesn't crowd out private spending. It builds the conditions private investment needs. The infrastructure, the skills, the grid. Cut it to balance a budget and you lose twice.