Mises Wire
Author:
Kevin Dowd
Online Publish Date:
to deal with energy bills.” The same day, she appointed Kwasi Kwarteng , a free marketeer with a Cambridge PhD on the Great Recoinage of 1696 , as her new chancellor What followed can best be described as a case study in how not to promote a free-market agenda, and it deserves close study lest policy makers elsewhere repeat the and Kwarteng made, which ultimately brought them both down. Their fundamental failure was a simple one. Yes, tax cuts were reasonable, but those needed to be more