The Economist covers the Scottish independence debate:
One poll found that just 21% of Scots would favour independence if it would leave them £500 ($795) a year worse off, and only 24% would vote to stay in the union even if they would be less well off sticking with Britain. Almost everyone else would vote for independence if it brought in roughly enough money to buy a new iPad, and against it if not.
If Scots really want independence for political or cultural reasons, they should go for it. National pride is impossible to price. But if they vote for independence they should do so in the knowledge that their country could end up as one of Europe’s vulnerable, marginal economies. In the 18th century, Edinburgh’s fine architecture and its Enlightenment role earned it the nickname “Athens of the North”. It would be a shame if that name became apt again for less positive reasons.