Aims to remake case for liberal economics.

This alliance between liberal economics, liberal individualism and traditional conservativism has been a huge source of strength to the party, marking it out from continental parties.

To that extent, global free trade, liberal economics and liberal political systems are all encouraged.

However, with the oil shock of 1973, and the economic problems of the 1970s, modern liberal economics began to fall out of favor.

He argued that liberal economics rather than protection would best serve the interests of the landowners.