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The Economics of Scottish Secession


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The Economics of Scottish Secession

 

By Ryan McMaken

Friday, July 11th, 2014

 

Not all secessionist movements are created equal, because some secessionist regions are more economically independent than others. In the case of Venice and its region, secession in the medium- to long-term appears rather plausible because of Venice’s long history of economic success, political independence, and its current status as a wealthier region of Italy.

 

People laugh at Texas when it hints at forming its own republic (again), but the truth is that economically speaking, Texas would be just fine by itself. It’s already a net taxpaying state, which means it pays more to the feds than it gets back (much like the case with Venice and the Italian government). Secession would mean it just keeps more of its own money.

 

Similar things might also be said of Basque country and Catalonia in Spain, which are among the more wealthy and economically-sound regions. Scissors-32x32.png


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  • 1 month later...
Assessing a possible Scottish secession

Polls show that Scotland could vote to secede from the UK next week. There is a strong case for the proposition that the Scottish secession is not inherently objectionable. Whether it is actually a good idea is a much closer call.

By Ilya Somin Scissors-32x32.png

http://www.washingtonpost.com/news/volokh-conspiracy/wp/2014/09/10/assessing-the-possibility-of-scottish-secession/

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