When real-world pressures give ideologues pause
by Ned Temko
Oct 05, 2022
3 minutes
The words carried added power by virtue of the speaker, and his manner: a famously cerebral former British cabinet minister, in a quiet, almost matter-of-fact tone.
“Reality bites,” Michael Gove remarked on Sunday, the opening day of his Conservative Party’s annual conference.
He was reflecting on the collision between an ideologically driven rightward swerve in the party’s economic policy and the panicked response of the financial markets – sending interest rates soaring and the value of Britain’s currency plummeting.
Yet the fundamental clash British
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