Taxation and Currency: Historical Insights

This chapter explores the evolution of state provisioning methods, shifting from historical practices like enslavement to modern tax systems that create demand for currency. It highlights the significance of government spending preceding taxation and introduces the concept of a new currency, 'Kilt,' and its potential economic implications in Scotland. The discussion also covers the role of central banks in managing inflation and employment through a job guarantee system, drawing historical parallels to illustrate its effectiveness.