MSPs could add £12.8bn to Scotland’s economy today with a tax reform that would nut embedded inequality, fairly. That additional £12.8 billion would be shared each year between Scotland’s public and private sectors.
Continue ReadingMonth: May 2020
‘Events’
Social unrest may be expected in the wake of C19. Not because we were hit by a disaster not of our making; but because the wilful starvation of public services, leading to poor pandemic precautions,
Continue ReadingRent is half of GDP, not 5%
By Roger Sandilands, Emeritus Professor of Economics, Strathclyde. How can the claim be justified that Rent, the product of society and nature, is about half of GDP, when the text books put it at about
Continue ReadingEqual life chances in the Indus Valley
In this radio programme Neil MacGregor examines the great Indus Valley civilisation. 4,500 years ago a state thrived in which it appears each contributor was valued equally. https://www.bbc.co.uk/programmes/b00qb5xx The evolution of the science of economics
Continue ReadingAvoiding Scottish economic collapse after 2026
The 18 year land cycle is real. The next bust will erupt after house prices peak in 2026. Even Covid-19’s disruptions are not sufficient to delay the inevitable. Only world wars have in the past
Continue ReadingWhy are MMT proponents on the wrong bandwagon?
Because were the optimum and fair public revenue stream being collected, there would be no requirement for schemes to help governments struggling with deficits. Economists Professor Roger Sandilands and Fred Harrison point out that Economic
Continue ReadingBBC rams Scotland’s plushest homes in your face
Is it really a good time for the BBC to obsess over Scotland’s plushest homes? https://bbc.co.uk/programmes/m00043v0… Renters are already enslaved to landlords with housing costs sent into the stratosphere by government-led land speculation. Now they
Continue ReadingPreparing for the next pandemic
South Korea 20,000+ tests/day at the startScotland 1,370 tests/day at the peak A country taking the threat of a pandemic seriously might have prepared for one. Like South Korea did after MERS. Scotland and the
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