How to Strangle a Student Town’s Economy—The St Andrews Housing Market

By Ryan Morrice There are few institutions better for a small town’s economy than a centuries-old world-renowned university. Businesses can expand over time, but they can also go bust. People can migrate to a town, boosting demand for local goods and services, but they can also leave, causing a slow irreversible decline. A university, on…

The Potential of Central Bank Digital Currencies

By Austin Jupe, Last year, China’s central bank announced that they were researching the implementation of their own digital currency. They are not alone in their pursuits. In 2018, Venezuela launched its cryptocurrency, the Petro, in an ultimately unsuccessful attempt to control the hyperinflation of its fiat currency, the Bolivar. Uruguay and Sweden have also…

The Poor Opposition Parties of Scotland

The next general election is a few weeks away and the dominant party in Scotland, the Scottish National Party (SNP), look set for another strong performance. Polls predict they will take a majority of seats in Scotland again.

Booze, Drugs, and Death

By Ryan Morrice Scotland is known for many things: its beautiful Highlands and lochs; its world-renowned whisky; its inventors who gave the world a multitude of innovations such as the telephone and penicillin; and lesser known is the great number of preventable deaths that happen every year: in 2018 there were 1,187 drug-related deaths. Per…