To EU Or Not To EU

“In contradiction and paradox, you can find truth.” – Denis Villeneuve

On Saturday I, like a couple hundred thousand others, attended the All Under One Banner march in Edinburgh. I was struck by a couple of observations about the crowd beyond the sheer size of it.

Edin Indy March 2019.jpg

Continue reading

We Need To Talk About: GERS (2018-19 Edition)

“Fact be virtuous, or vicious, as Fortune pleaseth” – Thomas Hobbes

It’s that time again! The annual GERS report has been released and interested parties continue to analyse, pick apart and spin the numbers as required. And my now annual tradition of diving into the numbers continues with another installment.

GERS 2018-19.png

You can read my coverage of GERS 2013-14, 2014-15, 2015-16, 2016-17 and 2017-18 behind those links.

You can read the report and download all of the data tables for this year’s report here.

Continue reading

Measuring A Nation

“When moral posturing is replaced by an honest assessment of the data, the result is often a new, surprising insight.” – Steven D. Levitt

Statistics Laptop Thumb.png

The SNP conference was marked by several important topics that were thrashed out on the floor on the day and in the press and online in the weeks and months preceding. On the Growth Commission in particular, I was personally invested in a great deal of that discussion so I know how many tens of thousands of words were written around that topic.

The following day saw another topic discussed which was somewhat less well covered in the press was the motion presented by Agnes McAuley and Ronnie Cowan MP on the creation of a Scottish Statistics Agency. Continue reading

Nowhere Left To Grow

“Perhaps the answer is that it is necessary to slow down, finally giving up on economistic fanaticism and collectively rethink the true meaning of the word “wealth.” Wealth does not mean a person who owns a lot, but refers to someone who has enough time to enjoy what nature and human collaboration place within everyone’s reach.” – Franco Bifo Berardi

This weekend will see the SNP conference and the long awaited vote on whether or not to adopt the Sustainable Growth Commission’s report as the party’s main economic strategy for an independent Scotland. After almost a year of discussing this document, the party will have their final say on whether or not to adopt it as party policy.

I have written tens of thousands of words of critique, commentary and policy work on this topic. There will be more to come between the time that this blog is published and the vote on Saturday afternoon. Much of it has been centred around currency and the macroeconomic policies. Here, I’d like to look at things from a slightly different lens. How does the Growth Commission reflect upon Nicola Sturgeon’s plan to introduce a Scottish Green New Deal?

value

Continue reading

Book Review: The Economics of Arrival

“In the industrialised world, the great challenge is not to remain competitive, or to increase efficiency or production. It is to slow down without derailing, to reimagine progress beyond more of the same. The challenge is to make ourselves at home in the world.” – Katherine Trebeck and Jeremy Williams, The Economics of Arrival

It has been a very long while since I’ve written a book review for this blog but I have one that’s worth that wait. A wee while ago, the CommonSpace team received an advance copy of a book I have been eagerly awaiting. I “volunteered” to give it a read through instead – by which I mean that I nabbed it before anyone else could.

Econ

Those who’ve followed me for a while now know the distain I hold for those who still somehow believe that infinite economic growth is possible on a finite (and dying) planet.

The economics that brought us to this point have very clearly hit their limits and we really need to look where we go next. Trebeck and Williams have thrown their hats into the ring with this effort to lay out the scale of the problem and where we go from here.

Continue reading

Exporting Scotland

“Trade negotiations are exercises in mutual self-interest. They are not power plays, or coercions” – David Davis. Former Brexit Secretary.

The annual ESS report came out last week and – as is traditional in Scottish politics – it was pounced on by those eager to make a quick headline out of the numbers. When statistical reports like this come out it’s always better to take a bit of time to dive a little deeper into them and to discuss the details that can often be far more interesting than those initial headlines.

The Carta Marina showing some of Scotland’s important trading partners in the 1500s.

First though, we should talk a little about what ESS is and what it measures (as well as what it doesn’t measure). Continue reading