Finland's basic income plan could change everything
FINLAND looks set to challenge the global economic orthodoxy in a way that could usher in the biggest step change in economic thought since the Industrial Revolution – it could signify the end of the link between hourly work and income, signalling the true end of the industrial age. Its stated intent – to introduce a basic income for all adults – has a few economic commentators excited but so far hasn’t sparked the national consciousness. That’s partly because it is a fairly radical idea and partly because most progressive economists already see the end of the welfare state and a move to a basic income as inevitable. They just can’t decide on the timescales nor the method for implementing it or managing such a massive change.
Why Westminster doesn't want Scotland to have full fiscal responsibility
A lot people are confused by full fiscal responsibility (FFR), what it means, how long it would take to implement and how it would impact on Scotland’s fiscal deficit. I want FFR largely as I think that the more localised the decision making within an economy and society, the more beneficial the decisions made will be. These benefits will “trickle up” to a more advantaged national economic performance. The best way to run the UK is to move towards increased devolution and federalism; each region and nation reaching the optimum level of devolution and independence for their region’s wellbeing. If Scotland then chose independence, then the UK currency zone and common market becomes a confederation, like the best bits of the European common market.
Westminster parties wrong-footed on GERS debate
GERS, the Government Expenditure and Revenue Scotland report, was published today and on the surface, it contains both good and not so good news for the Scottish economy.
Westminster caught illegally orchestrating business scare stories
Co-ordinated scare mongering reaches fever pitch.
David Cameron, after deciding to stay out of the referendum debate 'til the last few weeks, has suddenly realised the result is running away from them. In what was described in the media as a “panicked move” he and the other Westminster political leaders abandoned Prime Ministers Question Time (PMQs) to campaign in Scotland.
UK To Get VETO On Gordon Brown's Devo Proposals
Gordon Brown’s Devo Timetable unconstitutional according to House Of Lords
Industry report: Scotland set for 100 year oil boom West of Shetland
Increased oil investment in Scotland's Atlantic waters has led to a growth in the strength of Scotland's oil and gas sector. In recent months reports have focus on the new Clair Ridge field, a massive £4.5 billion oil investment project.
Sir Ian Wood predicts 25bn barrels of oil still to come from North Sea
Sir Ian Wood is on record as stating that there are 25bn barrels of oil still to come from the North Sea. This is one thousand million more barrels of oil than stated as the upper target by the Scottish Government.
Leading economist Sir Donald Mackay backs independence: Scotland will be better off
In a major boost to the campaign for a Yes vote for independence, former Chair of Scottish Enterprise Professor Sir Donald Mackay has set-out the economic benefits of an independent Scotland.
First Minister: No Currency Deal, no Debt Deal
Scotland's First Minister speaking to the Vision for Scotland conference at Dynamic Earth on Wednesday August 6th explains why he will continue to press for and why we will get a currency union.
Clair Ridge and Scotland's new oil boom
It's facts not fear that will win the referendum debate. This is especially important when discussing the future of Scotland's offshore revenue.