After nearly two decades of stagnant wages, lethargic economic growth and public service atrophy, Britain has been prescribed more of the same. After yesterday’s Autumn Statement, we are set to have the punitively high taxes of southern Europe, the leaden …
The Tories should embrace chaos
Politicians act with good intentions. But they rarely seem to grasp that intentions are not the same as outcomes. The social and economic worlds are both complex and change rapidly. This places inherent limits on our ability to understand them. …
Why the Left shouldn’t be celebrating
In the days following her resignation, the British media appeared to be united in its verdict on Liz Truss: the 44-day premiership was the shortest and most catastrophic in British history. Support for the Conservative Party has plummeted to its …
Kwasi Kwarteng was the wrong sort of clever
I had a horrendous cold over the weekend — so awful, in fact, that in an unprecedented development, my wife grudgingly conceded that “it might actually be flu”. And so it was that, tossing and turning with a raging temperature, …
How powerful is Liz Truss?
“We will deliver, and deliver, and deliver!” proclaimed Liz Truss, sounding like a crazed obstetrician. While our new leader is taking her first gulps at the poisoned chalice of power, the outlook for those whom power likes to harass doesn’t …
Hysteria has derailed Kwasi Kwarteng
No doubt Kwasi Kwarteng expected to spend yesterday morning putting the finishing touches to his Party Conference speech. Instead, 10 days after he announced his plan to scrap the top rate of income tax, Britain’s Chancellor found himself being schooled …
Is this the end for Liz Truss?
“You were only supposed to blow the bloody doors off,” the markets replied to one of the most fiscally expansionary speeches a Chancellor of the Exchequer has ever given to the House of Commons. Liz Truss and Kwasi Kwarteng could …
Liz Truss won’t unchain Britannia
In 2010, a new generation of Tory MPs began to find their feet in Westminster. Though pleased to see the party in power for the first time in their adult lives, they were frustrated that it took them a coalition …