Economics for All. Indypodcasters Fiona and Marlene catch up with political economist William Thomson to unpack the big ideas shaping Scotland’s economic debate. And there’s a Festival! Economics is Fun!!

Big ideas. Straight talking. Economics made accessible.
William explains what “heterodox economics” actually means – think Environmental Economics, Feminist Economics, and others – and how they challenge mainstream thinking. And we explore how Modern Monetary Theory connects to the political choices facing Scotland right now. We’ll confess right now that William has to explain MMT thinking to us every time we talk to him. He’s very patient!
And of course we hear about his ambitious new event, Scotland’s Economics Festival, taking place 19–21 March in Leith, Edinburgh — designed to bring big economic ideas out of academia and into the hands of the public.
Key Topics
00:27 Scotland’s Economics Festival
05:54 Thinking Beyond GDP
12:01 Engaging Scotgov
15:45 Zack Polanski vs the mainstream media narrative
27:52 “Grandfathering” will hold Scotland back
32:18 Don’t fear the Markets
36:16 Independence starts NOW
39:51 Scottish Government Bonds – good idea or smoking gun?
52:10 Sectorial Balances – homework for Marlene
Related themes:
- Our other podcasts on Economics & Currency
- Link to the film “Finding the Money”
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