Posts Tagged SNP

Covid crisis has exposed the Scottish nationalists once again

Covid crisis has exposed the Scottish nationalists once again

In London, the Covid virus is disappearing rapidly. Hospital trusts are increasingly reporting days with no new cases at all. During the crisis, there has been a proliferation of home-made signs in rural locations telling city dwellers, with varying degrees of politeness, to turn back and go

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Until Scotland’s currency puzzle is solved, independence is economically delusional

Until Scotland’s currency puzzle is solved, independence is economically delusional

The possibility of Scottish independence is back on the political agenda once again. And one question – which currency would an independent Scotland use? – that was crucial in the 2014 referendum has still not been resolved. The informal use of the pound is a very risky

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Scotland’s fiscal fantasy and the impact of an OUT vote

Scotland's fiscal fantasy and the impact of an OUT vote

A short visit to the Highlands last week was refreshing. The scenery is just as spectacular as ever, and the people just as welcoming.  But elsewhere, the tectonic plates are shifting.  Last week, a televised debate took place amongst the political leaders contesting the elections to the

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Does Miliband understand the importance of incentives?

Ed Miliband has long had a problem with voters not perceiving him as “normal”. His famous struggle with a bacon sandwich in some ways says it all. But at a much more important level, he seems to have little or no empathy with one of the most

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Prospect theory: will the Greeks keep a hold of Nurse?

Will 2015 be the year in which fantasy economics in Europe is finally put to the test? Somewhat to the surprise of many commentators, in December the Greek political class failed to elect a new president even after three attempts. Parliament has now been dissolved and an

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Scotland could be a scientific test bed for monetary theory

According to the Scottish National Party, after the referendum on independence next year, Scotland will be a land of milk and honey. The highest per capita levels of public expenditure in the UK can easily be sustained. The whole of the revenue from North Sea oil and gas will

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