For those of us who, at a personal level, have always rather liked Liz Truss, there was a concern that her experience as prime minister might have been so traumatic as to destroy her self-confidence. The publication of her 4,000-word essay on her premiership means that we can be reassured that this has not happened. It is the only thing that is reassuring about it.
Truss’s defence of her record consists of arguing that a left-wing economic establishment disapproved of her policies and all but conspired to bring her down, and that she was not warned of the risks to financial stability caused by liability-driven investments (LDIs) by defined-benefit pension funds.
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