Professor MacKay explains "It was thought highly desirable to include a number of authors withestablished business experience. But all the authors are acknowledged as authorities in their chosen subject areas….each author has demonstrated an ability to analyse and report independently on their chosen area and on the evidence.
"In 1977 I edited a book, “Scotland 1980: the Economics of Self Government”, which included contributions by a number of economists…Here, after the introductory chapter, each author was asked a specific question in order to give greater focus to the discussion. The authors have responded admirably to the challenge.
"The economic arguments have changed very little over time but the political framework has. The referendum will not and should not be decided on economic grounds alone but, as against the 1979 and 1999 referendums, the option or options posed will have important implications for economic policy. That forms the subject matter of this book. So this is an exercise in political economy as befits the country which gave birth to that concept.’
Ben Thomson said: ‘This book examines various issues surrounding Scotland’s economic future and how that relates to the debate surrounding the constitution. This issue is bound to dominate the next few years leading up to the independence referendum and this is a very important contribution to the debate about Scotland’s future with a cast of distinguished contributors.’