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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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.
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
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
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.
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…
Ronald MacDonald retweeted
Key @RideoutTim adviser Dr Robbie Mochrie appeared on @TimesRadio with @rmacdonald7 and agreed with Ronald that a new Scottish currency would devalue by 20-30%.
“Devaluation could be Scotland’s friend,” said Mochrie.
Won’t be much fun for those stuck with sterling liabilities…
Ronald MacDonald retweeted
On the programme today I'm looking for your guilty
pleasures as #JoanArmatrading admits #JustinBieber figures among hers! Elsewhere...
1pm Gambling addictions @GambleWithLives
1.15pm @RyanShorthouse
1.20pm @jamieklingler
1.35pm IndyRef2 @rmacdonald7 @RobbieMochrie
Ronald MacDonald retweeted
🟢EXC: Scottish Greens 'buried' damning report into ‘disastrous’ independence currency options dailyrecord.co.uk/news/polit…
Ronald MacDonald retweeted
Scottish independence will hammer household income by up to 20 per cent according to @rmacdonald7
thetimes.co.uk/article/511de…
Ronald MacDonald retweeted
The SNP is setting out its plans to move to a new currency.
Here Glasgow University's Prof Ronnie MacDonald, our leading expert on currency matters, explains some of the challenges.
Scotland deserves a clear and open debate about the issues.
Ronald MacDonald retweeted
TODAY on the Economics Observatory – What would the currency options be for an independent Scotland? By @rmacdonald7
buff.ly/3G5tfts
Ronald MacDonald retweeted
JUST PUBLISHED on the Economics Observatory – Currency choice: what lessons from Ireland for an independent Scotland? By @eoinaldo and @SeanEKH
buff.ly/3Jqbfwp
Ronald MacDonald retweeted
Russia will lose the war. I explain why in my new blogpost: escoriallaan.blogspot.com
Ronald MacDonald retweeted
First pensions, now currency.
@lornaslater torpedoes the myth that a settled and clear currency policy exists.
“this is the time to have a national conversation about that”
Buckle up: this will be fun.
EXCLUSIVE: SNP and Greens to draw up joint independence plans for 2023 referendum
| ✍️ @kacnutt
heraldscotland.com/politics/…