Support 100 years of independent journalism.

What drives Liz Truss? The people and ideas behind the PM’s economics  – Audio Long Reads

A deep history of Britain’s most radical – or reckless – economic experiment in 40 years.

By Jeremy Cliffe and Rachel Cunliffe

On 23 September 2022, the UK’s new prime minister and her chancellor delivered their explosive “mini-Budget”, cutting taxes for the richest in society and increasing government borrowing. Global markets were alarmed – but should the reality of Trussonomics have taken anyone by surprise? 

In this reported long read, the New Statesman’s writer at large Jeremy Cliffe looks at the ideas, institutions and thinkers who have shaped Truss’s politics for decades, from a society of free-market thinkers who gathered at Lake Geneva in 1947, to today’s libertarian think tanks in Massachusetts Avenue, Washington DC, and Tufton Street, London (where many of the current cabinet have worked).  

Cliffe talks to those who have followed Truss’s rise most closely, and who detect the influence of Thatcher, Reagan and even Khrushchev in her thinking. But is her government now too radical even for her former colleagues? And where will a prime minister who some believe “actually wants to destabilise things” go next? 

Written by Jeremy Cliffe and read by Rachel Cunliffe. 

This article originally appeared on 28 September on newstatesman.com and in the 30 September  6 October issue of the magazine. You can read the text version here

Select and enter your email address Quick and essential guide to domestic and global politics from the New Statesman's politics team. A weekly newsletter helping you fit together the pieces of the global economic slowdown. The New Statesman’s global affairs newsletter, every Monday and Friday. The New Statesman’s weekly environment email on the politics, business and culture of the climate and nature crises - in your inbox every Thursday. Our weekly culture newsletter – from books and art to pop culture and memes – sent every Friday. A weekly round-up of some of the best articles featured in the most recent issue of the New Statesman, sent each Saturday. A newsletter showcasing the finest writing from the ideas section and the NS archive, covering political ideas, philosophy, criticism and intellectual history - sent every Wednesday. Sign up to receive information regarding NS events, subscription offers & product updates.
  • Administration / Office
  • Arts and Culture
  • Board Member
  • Business / Corporate Services
  • Client / Customer Services
  • Communications
  • Construction, Works, Engineering
  • Education, Curriculum and Teaching
  • Environment, Conservation and NRM
  • Facility / Grounds Management and Maintenance
  • Finance Management
  • Health - Medical and Nursing Management
  • HR, Training and Organisational Development
  • Information and Communications Technology
  • Information Services, Statistics, Records, Archives
  • Infrastructure Management - Transport, Utilities
  • Legal Officers and Practitioners
  • Librarians and Library Management
  • Management
  • Marketing
  • OH&S, Risk Management
  • Operations Management
  • Planning, Policy, Strategy
  • Printing, Design, Publishing, Web
  • Projects, Programs and Advisors
  • Property, Assets and Fleet Management
  • Public Relations and Media
  • Purchasing and Procurement
  • Quality Management
  • Science and Technical Research and Development
  • Security and Law Enforcement
  • Service Delivery
  • Sport and Recreation
  • Travel, Accommodation, Tourism
  • Wellbeing, Community / Social Services
Visit our privacy Policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
THANK YOU

If you enjoyed this, you may enjoy “Boris Johnson: The death of the clown” by Ed Docx 

Content from our partners
The truth about employability
Why we need a Minister for Citizen Experience
Look at the person, not the CV

How to listen to Audio Long Reads

1. In podcast apps

Audio Long Reads is available to listen on all major podcast players, including Apple PodcastsSpotifyGoogle PodcastsYouTube and more.

Either click the links above to open in your preferred player, or open the podcast app on your device and search for “Audio Long Reads”.

Follow or subscribe in your podcast app to receive new episodes as soon as they publish.

2. On the New Statesman website

The podcast is also available to listen right here on the New Statesman website. Bookmark https://www.newstatesman.com/podcasts/audio-long-reads, where we will publish new episodes every Saturday morning.

3. On your smart speaker

If you have an Amazon Echo, Google Home or Apple HomePod, ask it to “play the latest episode of Audio Long Reads from the New Statesman”.

The command will also work on other smart devices equipped with Alexa, Google Assistant or Siri.

Topics in this article : , ,