Jay Elwes
One of the more startling sights of the Brexit debate on trade has been the transformation of Conservative politicians into convinced, enthusiastic market interventionists. The party of big government is back, only this time, it sports a blue rosette.
It’s a remarkable volte face by the party that for so long has developed economic policy in the long shadows of Hayek and Friedman, and has excoriated the left’s urge to meddle in markets. But now the British right has seeded Brexit, perhaps the most far-reaching example of government intervention in modern British peace-time history.