If Scotland becomes an independent nation-state, should the government create a new national fiat currency? (We can assume that a commodity standard is off the table.) Or should it join the Eurozone? Or should it remain on sterling? Last year I wrote a brief (9 pp. single-spaced) monograph on this interesting set of questions at the invitation of a small but feisty Scottish think tank, The Policy Institute. Publication was held up while the Policy Institute merged with another like outfit, Reform Scotland. Somewhat to my surprise, I find that the piece has now appeared online.