The Liberal Democrats and supply-side economics

The coalition has given the Liberal Democrats the opportunity to demonstrate their support for – or opposition to – supply-side economics. The person who has done most on the supply side is Ed Davey, in the Department of Business, Innovation and Skills. In a remarkable legislative achievement for a Parliamentary Under Secretary in under two years in office, Davey ensured that the privatisation of Royal Mail reached the statute books, liberalised the terms and conditions for Post Office counters, and liberalised employment and retirement laws.