Episode 92: Andrew Stuttaford Covers Supply-Side Technique and Fiscal Madness

Britain's former prime minister Liz Truss ended up serving a “Scaramucci term” in office (okay, maybe a little longer than that). The circumstances around her brief and tumultuous run as prime minister, however, are quite consequential. Did the talk of tax-rate cuts really tank the British economy? Do years of embedded leverage in the bond market really fall on her shoulders? What has happened in the U.K., and what can we learn from it here in the States? Andrew Stuttaford, the editor of National Review’s Capital Matters initiative, joins David to unpack the economic facts and lessons behind the abrupt ending to Liz Truss’s reign.