Markets for Millennials: How a New Supply-Side Radicalism Can Deliver Freedom, Wealth and Opportunity in the U.S. and U.K.

Policy Forum
September 18, 2018
12:15PM to 1:30PM EDT
Hayek Auditorium, Cato Institute
An address by The Right Honourable Liz Truss, MP, U.K. Chief Secretary to the Treasury and Conservative Member of Parliament for South West Norfolk; moderated by Ryan Bourne, R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute.

Please join us for an address from the Right Honourable Liz Truss, MP, the United Kingdom’s Chief Secretary to the Treasury. In her remarks, Truss will discuss economic policy on both sides of the Atlantic and will explain how attempts to insulate industries from changing demands and innovations make us poorer. Truss will issue a rallying cry to economic liberals to engage in a new supply-side revolution, reforming regulations to work with market trends, rather than against them, to deliver prosperity and opportunity for younger generations.

Truss was appointed Chief Secretary to the Treasury in June 2017 by Prime Minister Theresa May. Her role gives her responsibility for overseeing U.K. public expenditure, including public sector pay and spending reviews, as well as a broader purview on supply-side issues, including childcare policy, labor market policy, and welfare reform. A member of the Conservative Party, she was first elected as a Member of Parliament in 2010 for the constituency of South West Norfolk. She has held several important ministerial roles, including Parliamentary Under-Secretary of State for education and childcare; Secretary of State for the Department for Environment, Food and Rural Affairs; Secretary of State for Justice and Lord Chancellor.

Truss is a longtime friend of the liberty movement, having worked at the think tank Reform and having founded the Free Enterprise Group (an association of free market–oriented Conservative Members of Parliament) in 2011.