SPQR<p>Because most people are economic illiterates and innumerate, believe conservatives are good at governance.</p><p>“The biggest similarity is a crisis of competence,” said Kenneth Rogoff, a professor of economics at Harvard. “Liz Truss’s policies may have made sense in some other world. But they just came out of the blue, so they didn’t have any credibility.”<br><a href="https://mastodon.social/tags/Britain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Britain</span></a> <a href="https://mastodon.social/tags/UK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UK</span></a> <a href="https://mastodon.social/tags/history" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>history</span></a> <a href="https://mastodon.social/tags/LizTruss" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LizTruss</span></a> <a href="https://mastodon.social/tags/Conservatives" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Conservatives</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/leadership" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>leadership</span></a> <a href="https://mastodon.social/tags/RiggedMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RiggedMarkets</span></a> <br><a href="https://www.nytimes.com/2025/04/08/world/europe/trump-tariffs-markets-liz-truss.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/04/08/world/e</span><span class="invisible">urope/trump-tariffs-markets-liz-truss.html</span></a></p>