Opinion

A wake-up call for economic liberals

It’s foolish to claim the destruction of Liz Truss is the best thing to happen to free market economics in decades. But it shows what happens when the argument for economic freedom isn’t made.

John RoskamColumnist

Oct 20, 2022 – 2.16pm

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These days, if you think as Liz Truss does (the British Prime Minister at the time of writing) that cutting taxes generates economic growth, there’s every chance you’ll be abused for believing in “extremist, crank, experimental think-tank economics”.

That’s what Truss was accused of this week by Stewart Hosie, a Scottish MP in the House of Commons. The trouble is, many people agree with him.

John Roskam is a senior fellow at the Institute of Public Affairs. Connect with John on Twitter.