
Renegade Scottish Economics
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About this episode
Jacob sits down with Laurie McFarlane, co-director of Future Economy Scotland, for a (non-Gulf War related, finally) conversation about what makes Scotland one of the more fascinating geopolitical underdogs around. The two dig into Scotland's constrained economic agency within the UK, the squandered promise of North Sea oil, the renewable energy transition, and why Scotland - like much of Europe - risks sleepwalking into managed decline. -- Timestamps: (00:00) - Welcome And Setup (01:30) - Why Scotland Now (02:35) - Future Economy Scotland Origins (05:54) - Early Impact And Strategy (07:55) - Devolution Limits And Agency (13:11) - North Sea Oil And Missed Fund (15:24) - Managed Decline And…