February 19, 2019


What I have never understood is how it is possible for so many people in the Scottish
independence campaign camp to publicly express the view that a new currency of Scotland
is something which must be debated; yet when anyone attempts to debate this, they do not
want...

April 7, 2017

Economics - Full-Reserve Currency -
A Sound Currency for an Independent Scotland -

Introduction -

We are having discussions with friends in Common Weal about currency in the new Scotland. Some might see this issue as purely academic and not really of interest to the gene...

April 3, 2017

Government Expenditure and Revenue Scotland (GERS) - Introduction -

In the National on Friday 24th March, Mark Littlewood, the Director General of the Institute of Economic Affairs made a comment headed ‘Nationalists need to have answers when it comes to independence’ M...

November 13, 2016

Democratic Socialist Federation -

Press Release -

American Democracy  -

Have the American people gone mad? Millions of them have voted into office a man whom many of them would not allow into their company because of his obnoxious views. How could this happen?

It seems to...

October 24, 2016

Article 4  - 

One thing which must now be crystal clear to anyone thinking about currency, it that a country’s currency must ‘fit’ with its economy and must be able to be ‘adjusted’ to meet the needs of the economy.

If that was not clear to people in Scotland in 201...

September 28, 2016

Article 3 -

In my article last week about currency I introduced the idea of a full-reserve currency as opposed to the present fractional reserve currency. I explained that most currencies in the capitalist world are fractional-reserve currencies and that they are all ba...

September 21, 2016

Article 2 -

In my article last week about currency we considered the prospect of an independent Scotland retaining sterling and found this unsatisfactory. This week therefore we acknowledge that a growing number of people, including the SNP Government are now considerin...

September 14, 2016

Article 1 - Argyll Radio Series

Scottish Currency is a subject which everyone now says needs to be debated. Everywhere I go people tell me we need to have a debate now about currency for an independent Scotland, but there is no such debate actually taking place. So let...

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