THERE IS an important insight in economics called “what is unseen” – a shorthand description of a treatise offered by Frederic Bastiat about the effects
IN HUMAN AFFAIRS necessity is well known to be the mother of new ideas; but in economics numbers are the grandfathers of delusion and diversion. The
THOSE WHO FAVOUR secession often declare that “Scotland has the natural resources” to thrive as an independent nation. In fact, this declaration has almost become
ONE OF THE THINGS that I love about Scotland is our cultural tradition of thinking creatively. We seem to be blessed with a distancing that
A LOT OF HEAT can be produced from economic forecasts, but as we know from the Brexit debate such modelling efforts do not really shed
THE ECONOMIST Milton Friedman once suggested the US Federal Reserve could be closed down and replaced with a money supply rule targeting the control of
Eben Wilson article from Tuesday 10, December, 2019 THE OTHER DAY I got a startled look from a Lib Dem canvasser at my door when I suggested that I was not minded to vote for yet another socialist party. Clearly, the twenty-something activist in question had an understanding of his world far removed from my […]
ANYONE who has been on Twitter will recognise the strong resistance to logical discourse among the “cluckeratti”; there is a vast cohort of Twitter users
NOT MANY PEOPLE will have read the detail of the EU rejection of a specific free trade deal for electric cars. It’s a draft response
SOME NUMBERS have given me pause for thought recently about Scotland’s future. The first is the small poll that suggested that more than 65 per cent of
WHAT POLICY APPROACH can support the advance of post-Brexit Scotland? While our nation is being forced to disappear up its own secessionist rear end through the Neverendum Tendency, that basic economic question does not lose its importance – Scots have to make a living somewhere and we need to do a lot of trade to support our […]
AS PUBLIC DEBATE TURNS, no doubt prematurely, to when any release on our lock-down might begin I am reminded of an old Shetland tale. A drunk
