My article in today's Scotsman on the debate about the economics of Scottish independence is here.
At the risk of being pedantic one sub-clause has been edited out of the article and it does alter the sense of what is said.
The published article reads:
The BOE and the rUK government would desire Scotland to adhere to the fiscal restrictions. All of that could de-stabilise sterling.
What I originally wrote was
The BOE and the rUK government would desire Scotland to adhere to the fiscal restrictions because there would be a risk that Scotland might experience a deteriorating balance of payments and fiscal position with an increasing risk of default on its bonds. All of that could de-stabilise sterling.
The comments on the online version of the article include the usual nationalist trolls. They are entitled to their views. However, they should not be allowed to get away with lies. The claim that I am a long-time Labour Party apparatchik is wrong.
I make the following points:
- I have a 30 year career researching and commenting on the Scottish economy and directing the Fraser of Allander Institute.
- I have never worked for the Labour Party, or acted in any official capacity for them.
- I joined the Labour Party when my wife - Wendy Alexander - became leader of the Scottish Parliament Labour group. Being a member of the party made it easier for me to obtain credentials to attend Party events with her.
- I am no longer a member of the Labour Party, or any political party.
- Attempts to smear myself or my wife are no substitute for serious debate and suggest a poverty of argument.
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