<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

World

The madness of Truss’s energy price cap

6 September 2022

10:20 PM

6 September 2022

10:20 PM

While Boris Johnson used his farewell speech to praise the ‘vital symmetry between government action and free market capitalist private sector enterprise’, the formerly free market Liz Truss was busy briefing out price caps on energy. There are only three possible explanations for this sudden change of heart: No. 10 is haunted by the malign ghost of Clement Attlee, the building is riddled with lead piping, or the electoral incentives facing the Conservative party are so perverse that when push comes to shove, even free marketeers are willing to abandon the free market in the race to expropriate from the...

Already a subscriber? Log in

Get 10 issues
for $20

Subscribe to The Spectator Australia today for the next 10 magazine issues, plus full online access, for just $20.

  • Delivery of the weekly magazine
  • Unlimited access to spectator.com.au and app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close