This article examines how different elements of political https://www.wikipedia.org/ promote or hinder ambitious climate policies. Both the state and businesses must relearn their place if the successful liberal free market system is to survive, and flourish, after the crisis. If this is to be avoided, we must learn the right lessons about state capacity and the role of business from Covid-19. If governments and businesses are to regain public confidence and improve their effectiveness, there must be a reassertion of their purpose and a return to their traditional competencies. The Adam Smith Institute’s latest paper, by Matthew Lesh, ASI Fellow and Head of Public Policy at the Institute of Economic Affairs, argues that businesses and governments must return to their proper roles in order to kickstart the post-pandemic recovery.
It argues that the failures of both these regimes were avoidable, and the outcome of ‘political’ rather than economic variables. It … Read More