The legacy of Nigel Lawson
Nigel Lawson was the most consequential chancellor in modern British history. He gave the world a case study in how to overturn a failed consensus. He was guided throughout his political career by the political principles articulated when he was editor of this magazine. His legacy is so rich that it offers a wide choice of lessons, three of which stand out for Rishi Sunak today. The first is one that the Prime Minister himself writes about in his article – the importance of preparing for battles. Lawson wanted lasting change and realised that radicalism is pointless without strategy. Tax can only ever be a reflection of the spending rate:
