Articles on Scotland’s Economy
Analysing Scotland’s Political Economy
Scotland’s National Strategy for Economic Transformation
Scotland's National Strategy for Economic Transformation (SNSET) was delivered by the Scottish Government in April 2022, plotting a course for Scotland's economy for the next decade. It is in danger of being forgotten or at least overlooked. In this post, we detail what it contained. I have to admit to being initially very sceptical of an economic strategy that took [...]
A quick response to some Project Fear (as part of a series over the coming months)
Project Fear is back - not that it ever went away. The Sunday Times has printed an article (June 12th) that is half PR for an upcoming book and half project fear. Altogether it is a non-story. Before we look at the “shock” headline figure here are some figures for context. Currently, global debt as defined and calculated by the [...]
An independent Scotland will be a successful small European nation
Small countries are successful. Scotland's success is guaranteed. What is up for debate is how that success is shared. During our interview with leading Irish Economist David McWilliams, he stated a fact, obvious to everyone in the global north who wants to see it: small nations are successful. Scotland he says has "nothing to fear" from independence. Why not watch [...]
Losing out on tax revenue is not the risk
Thankfully it doesn't happen that often. You find a tweet that seems to be specifically designed just to totally piss you off. Like someone knew you were having a good day and decided to puncture it. Thanks Robert Peston. There is a risk for sure. But it is not from losing a few billion in tax. There [...]
The UK Government’s Green Savings Bond
There are a whole host of ways that a government can take to encourage a shift to a greener economy. The Green Savings Bond, the latest idea from the Westminster Government, is not one of them. Over the summer (2023) UK Chancellor Rishi Sunak announced a plan to direct £15B of funding towards green projects to help decarbonize the UK [...]
The Sustainable Growth Commission
As regular viewers of the SCOTONOMICS show will already know, I have a particular itch that needs scratching: and that itch is the Sustainable Growth Commission report written for the SNP Government in 2018. Here is how Steven Hail, our second guest summarised part of the report - the bit that suggests we pay off “our share of the UK [...]
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