John Ferry John Ferry

The book that shatters the SNP’s economic myths

Review: After Brexit: The Economics of Scottish Independence

There aren’t many whose name becomes part of the mythology of a nation while they are still alive. Gavin McCrone, author of After Brexit: The Economics of Scottish Independence, has inadvertently achieved this status.

McCrone is an academic and a former chief economist to the Scottish Office. In 1974, he wrote an internal briefing paper for Scottish ministers outlining the economic potential of North Sea oil. McCrone thought ministers were underestimating the value of the resource and the positive impact it could have on the economy if extraction were managed successfully. His paper was designed to remedy that ignorance and was framed from a Scottish perspective and in the context of nationalist arguments for independence. As he states in After Brexit

‘There have been suggestions in the press that my paper was suppressed or in some way hushed up. This was not so. It was a confidential briefing for Ministers and never intended for publication, just as other briefing papers for Ministers are confidential.

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