Welcome to the Wealthy Nation Institute!
Here is the place to read how Scotland can become a free country, in its economy, in its political constitution, in the ordinary lives of its citizens. Our aim is liberty for all – for individuals, for families, for communities, for nations.
How Not to Send a Farmer a Cheque
Taxpayer Scotland campaign team | 20th May 2016
A waterfall of our tax money is being poured into Scotland’s farm payments computer system. The nation will use this to administer 53,000 farm holders’ payments of around £920 million per year. Unbelievably, most of the £178 million being spent is now remedial, catch-up funding for a contract that has become a horrendous slow car crash of monumental ...
Reverse the Rates and Enjoy the Multipliers
Eben Wilson | 16th May 2016
The Taxpayer Scotland campaign team have examined the disappointing yield from the first major fiscal instrument in the Scottish government's hand, the land and buildings transaction tax (LBTT).
It should come as no surprise that receipts from the LBTT tax did not reach their budgeted target, falling £34 million short of the £235 million expected ...
To be Effective, Holyrood Needs More Tax Powers
Alison Payne | published here 12th May 2016
This article by Alison Payne, research director of Reform Scotland, appeared in The Times on April 27, 2016
One of the key debates in this Holyrood election has been whether, and by how much, to use the Scottish Parliament’s new income powers. Yet this debate obscures a bigger question: are these new powers the right fit for Scotland’s ...
Twilight of Macroeconomics: Part Six - The Classical Alternative
Professor David Simpson | 1st May 2016
Discontent with neoclassical economics has finally boiled over with the failure of Treasury civil servants and central bankers along with almost all academic economists to anticipate the largest recession since the 1930s, and the powerlessness of these policymakers in the face of the subsequent stagnation of output.
Students are everywhere in revolt, demanding greater pluralism ...
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