Economic case for Indy undermined by Laffer Curve economics
The Scottish Government’s economic case for independence is strong on historical analysis but light on how Scotland would address the challenges it highlights. It also falls into the same complacency as the Treasury paper, in not explaining why current devolved powers have not been fully used to tackle inequality. The Scottish Government has published ’Scotland’s Economy: the case for independence’. It sets out their analysis of Scotland’s relative balance sheet in terms of public finance and the strengths of the Scottish economy. It then claims a better future is possible if Scotland had access to all the economic and policy levers. The Continue reading