As the Scots get ready to vote.................

.....on dis-union with England, the punditry industry is having a field day with the potential of Scotland's independence,  John Kay, a non-resident Scot who doesn't get a vote, offers this thought:

"The real questions concern the sort of country Scots and Scotland’s residents want. The nation’s political future will drive the economics. Would an independent Scotland emulate the economic dynamism of some (but not all) other small European states? Or would it be mired in a combination of crony capitalism and municipal socialism that would damage initiative and depress growth? The recent history of Scotland admits both possibilities."

Actually, those are questions us Americans should take some time to think about too.

Kay's full post is here.