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thebeaver
21.02.2012
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LSE Students’ Union
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SNP Leader speaks at LSE
Jack Tindale Staff Reporter Alex Salmond MSP, leader of the Scottish National Party, addressed a packed Sheikh Zayed Theatre on Wednesday evening. The talk by the First Minister of Scotland formed part of a nationwide speaking tour aimed at extolling his vision for Scottish independence. The lecture, entitled ‘Independence and Responsibility: the future of Scotland’ was chaired by Professor Paul Kelly, Head of the Department of Government. The speech, which was broadcast live by the BBC and other national networks, largely focused on the
economic basis for the First Minister’s independence movement, attracting attention from a wide audience from outside the London School of Economics (LSE) community. Salmond, who became the first leader at Holyrood to win an overall majority in last year’s Parliamentary election, opened his lecture with praise for the LSE, albeit tempered by his Keynesian views rather at odds with the School’s traditional Austrian ethos. Praising the recent publication of Beatrice Webb’s journals by the LSE Library, Salmond cited the LSE founder’s then-contemporary criticism of global financial institutions and the results of research carried out by the Grantham Research Centre for Climate Change and the Environment as a basis for the Scottish National Party’s
(SNP) vision of a low carbon Scottish economy based around renewable energy. Commenting on the recent downgrade of the British economy by the credit rating agency Moody’s, the First Minister began by critiquing the fiscal policies of the Coalition government, calling for renewed investment by the Treasury in order to promote growth. Salmond has adopted a resolute opposition to current austerity measures, often referred to as “Plan McB,” and few in the audience seemed surprised by the First Minister using the podium to promote an alternative perspective. Citing free university education for Scottish students, a compulsory apprenticeship program for school leavers and the recent establishment of a Scottish Investment Bank, Salmond
argued that his government’s record on youth unemployment stood robust against that of the coalition, dismissing their “passive acceptance of the consequences of austerity.” Salmond began his main argument by debunking a number of myths perceived as being spread by the pro-Union campaign, principally that regarding currency. The First Minister made no reference to the SNP’s long-standing policy of joining the Eurozone, especially his view expressed two years ago in the Telegraph that Euro membership offered a “strong argument” for independence. Instead, the First Minister spoke in favour of the continued membership of an independent Scotland in the Stirling Zone. Stating that “no nation can stop another from using a fully trade-
able currency,” Mr Salmond defended his view of a monetary union with a rump United Kingdom, speaking in defence of the large-scale oil and gas resources that would fall in between Scottish and British territorial waters by a ratio of around 90 per cent to 10 per cent, respectively. Since Scotland currently stands as the third most prosperous region of the United Kingdom after London and the South West, the First Minister expressed the view that an independent nation would easily be able to maintain a currency pegged to the Pound. The First Minister also expressed his vision for an independent Scottish economy in terms of giving the British government “Six of the Best” with regards to establishing competi-
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Equality seen in attainment Timothy Poole
Alex Peters-Day, Students’ Union General Secretary, getting gunged for charity as RAG Week took over Houghton Street | Photo: Matt Worby
Data published by the LSE has shown strong similarities between the attainment of General Course students and that of all LSE undergraduates. The data, taken from exam results of the 2010-2011 academic year, does not show significant disparity in the results of General Course students in comparison with LSE as a whole. Rather, the failure rates of both are consistent with each other, at around 6.5 per cent (General Course: 6.8, LSE Undergraduates: 6.6), whilst there is also only a two per cent differentiation in the amount of 2:1s received by each group. One notable difference between the two groups lies in the amount of 1sts and 2:2s achieved. 19.3 per cent of all LSE undergraduates achieved firstclass honours, compared to only 13.2 per cent of General Course students, whilst exactly ten per cent more of General Course students achieved 2.2s, at 31.5 per cent. Though, when the amount of 1sts, 2:1s and 2:2s are considered as a whole, the percentages are almost identical at around 78 per cent. Overall, the data demonstrates a general equality in grades attained between the two student groups. This comes despite significant differences in the overall degree process; General Course students are assessed differently and the admissions procedure is similarly varied. Mark Hoffman, General Course Dean, explained that General Course
exam results were mainly consistent with other LSE undergraduates, but that various factors affected General Course results. He commented that there is a high failure rate in quantitative courses such as EC220, Introduction to Econometrics, though this failure rate is lower than that of LSE undergraduates in the same module. In qualitative courses, Hoffman revealed that General Course students often struggle to adapt to the different style of essay-writing, but once this transition is made, the top-end of results are often better than that of other LSE students. Several measures have been taken to reduce the high failure rates in courses such as the aforementioned EC220. An important change has been to introduce the requirement to have the permission of the course tutor to enrol, while many students are directed to MN203, Social Science Research Method for Management, as an alternative. The need for permission to enrol in a particular course reflects the general admissions process that General Course students undergo, which is rather dissimilar to the UCAS process. Hoffman explained that the General Course admits around 300 students per year, with 308 admitted in 2011-2012. Some of the students, who attend American universities with longstanding ties to the LSE, undergo internal selection procedures at their home universities; such procedures are fairly automatic and result in a much lower level of applications. The biggest contingent of General Course
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