Why GERS is right
GERS, as readers will know, is the "Government Expenditure and Revenue for Scotland", and is published yearly. The report for 2016-2017 came out recently, and economist Richard Murphy questioned its accuracy, voicing his early suspicions that these books had been cooked. His claim elicited a vigorous rebuttal from Scottish entrepreneur Kevin Hague, blogging as chokka blog. In my view, Hague's rebuttal, which you can read here , should have used more moderate and factual language, which would surely have made it more persuasive. Instead, he wrote a sarcastic and emotional attack on Richard Murphy's competence, and also included a welter of raw data. This made the thread of Hague's argument difficult to follow, and in the end (in my view) weakened his case. I've therefore re-presented his argument below, leaving out the emotive language and the overly detailed data, in order to make his argument clearer. This is what I think he should have written: Professor Mur...