I am a Professor of Economics and have been an advisor to various international bodies on monetary / exchange rate issues. I'm also a Landscape Photographer.
Isle of Skye
Joined November 2013
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A reminder of this neat set of articles on the economics of independence 10 years on from the 2014 Independence Referendum.
Many of these articles are available in our Scottish independence collection, available to view as an ebook or pdf - buff.ly/4d9eNAX
Ronald MacDonald retweeted
1/ Kate Forbes has been adamant in parliament that money “is being spent currently” (on the unspent EU structural funds story).
But I have just received this remarkable FOI response, which tries to equate “spending” with “claiming reimbursement”. These are not the same thing.
I’m an economist and have seen none of my core arguments re the economics of independence scientifically rebutted by anyone.
A terrific result for the Highlands and hopefully a return to the crafting of policies that are relevant and meet the needs of locals and the many tourists who visit our patch. It’s a wonder we have a functioning local economy here after the disastrous policies pursued by the SNP
Angus MacDonald - Scottish Liberal Democrats has been elected as Member of Parliament for Inverness, Skye, and West Ross-shire constituency at UK Parliamentary general election held 4 July 2024. More here - buff.ly/3RTOuHe
#GE24ScotResult #GE2024 #GE2024Highland
Ronald MacDonald retweeted
🚨Mark Blyth slams Scot Gov indy case. Again.🚨
“I fully understand the desire to be separate. But the idea that this isn’t going to hurt? You can’t really say that Brexit is the worst thing ever, and then commit the biggest Brexit of all time. Which is literally what this is.”
Ronald MacDonald retweeted
Don't miss @rmacdonald7's paper from the latest issue of @NIESRreview!
Available with temporary free access until Sunday 3rd March.
What does Adam Smith's work tell us about how we can fix modern-day #capitalism, broken by the neo-liberal paradigm? 💡
Enjoy open access this week to @UofGAsbs's @rmacdonald7's paper from the latest volume of our Review 🔓⬇️
@CambridgeCore @CambUP_Econ
hubs.la/Q02mbr7-0
My recent paper on Adam Smith and neo liberalism is available open access this week from the @NIESRreview
What does Adam Smith's work tell us about how we can fix modern-day #capitalism, broken by the neo-liberal paradigm? 💡
Enjoy open access this week to @UofGAsbs's @rmacdonald7's paper from the latest volume of our Review 🔓⬇️
@CambridgeCore @CambUP_Econ
hubs.la/Q02mbr7-0
Ronald MacDonald retweeted
What does Adam Smith's work tell us about how we can fix modern-day #capitalism, broken by the neo-liberal paradigm? 💡
Enjoy open access this week to @UofGAsbs's @rmacdonald7's paper from the latest volume of our Review 🔓⬇️
@CambridgeCore @CambUP_Econ
hubs.la/Q02mbr7-0
Very nice to be part of this event today - I learned a lot!
The event has started, with our @EconSteveM introducing @ProfGraemeRoy who is chairing the first panel with contributions from @UofGAsbs' @rmacdonald7 and Kathleen Riach, @warwickecon's Marcus Miller and @UofGVC!
💥An absolute packed house for today's event!!
Ronald MacDonald retweeted
It was a pleasure to be part of a distinguished panel with @rmacdonald7 @warwickecon ‘s Marcus Miller, @profkatriach and with expert chairing by @ProfGraemeRoy - many reflections on the special edition of @NIESRreview on #AdamSmith300
What can policymakers learn from Adam Smith’s work?
@UofGVC @ProfGraemeRoy @MahaRafiAtal @rmacdonald7 will join an expert panel at today’s @NIESRorg event in Westminster, London, exploring the relevance of Smith’s work in 2024 #AdamSmith300
tinyurl.com/mpzbec8s
ALT Close-up of the University of Glasgow's Marble Statue of Adam Smith within the Sir Gilbert Scott Building.
I’m pleased to see that my paper on Adam Smith and neoliberalism has been published today in a special issue of the @NIESRreview edited by colleagues @UofGAsbs . There are a number of other interesting papers on Smith in the special issue.
What does Smith's work tell us about how we can fix modern-day #capitalism, broken by the neo-liberal paradigm?
In the eighth paper, @UofGAsbs's @rmacdonald7 reassesses the societal consequences of the post-1970 adoption of neo-liberal policies⬇️
10/12
cambridge.org/core/journals/…
Ronald MacDonald retweeted
With the #SNP23 Conference going on in Scotland, a reminder of the paper by @UofGAsbs' @rmacdonald7 revisiting the issue of currency regime choice for an independent #Scotland, with an emphasis on SNP’s official policy of the informal use of #sterling💷⬇️
cambridge.org/core/journals/…
Ronald MacDonald retweeted
1/ Scot Gov today published data on Scotland’s net trade and net primary income, with both measures including the offshore economy (ie North Sea oil & gas).
Adding the two figures together gives Scotland’s current account deficit, which in 2021 was:
3.3% + 5.6% = 8.9% of GDP
Ronald MacDonald retweeted
The paper by @UofGAsbs' @rmacdonald7 revisits the issue of currency regime choice for an independent #Scotland, with an emphasis on SNP’s official policy of the informal use of #sterling post-#independence
2/6
cambridge.org/core/journals/…
Ronald MacDonald retweeted
This is insane.
#Brazil and #Argentina to start preparations for a common currency
Other Latin American nations will be invited to join plan which could create world’s second-largest currency union
ft.com/content/5347d263-7f24…
Ronald MacDonald retweeted
Don't forget to read @UofGAsbs' @rmacdonald7 paper revisiting the issue of currency regime choice for an independent #Scotland, finding that the option of the use of sterling post-independence is unlikely to be credible to international capital markets🔓👇
hubs.la/Q01ysSxr0
Ronald MacDonald retweeted
If you want to understand the issues faced in adopting a currency regime then read @rmacdonald7's excellent overview.
@NIESRorg @NIESRreview @UofGVC
I’m very pleased to see my paper on the appropriate currency regime for an independent Scotland has now been published in the UK’s leading peer reviewed macroeconomic journal. I’m unaware of any other peer reviewed paper on this topic. dropbox.com/s/7l9xm7ra1s882a…
THE CURRENCY CONUNDRUM FOR AN INDEPENDENT SCOTLAND | National Institute Economic Review | Cambridge Core cambridge.org/core/journals/…
I’m very pleased to see my paper on the appropriate currency regime for an independent Scotland has now been published in the UK’s leading peer reviewed macroeconomic journal. I’m unaware of any other peer reviewed paper on this topic. dropbox.com/s/7l9xm7ra1s882a…