The Chancellor is being advised by socialists. No wonder the economy is in free fall
Wage and price controls do not work, have not worked and will not work – despite what some members of the Economics Advisory Council suggest
![Jeremy Hunt](https://www.telegraph.co.uk/content/dam/news/2023/09/07/TELEMMGLPICT000348194632_16940967018490_trans_NvBQzQNjv4BqtGQB12KHxxQCrwnTZkX0nwgWqwm85JEWpGVhFb46TTg.jpeg?imwidth=350)
Wage and price controls do not work, have not worked and will not work – despite what some members of the Economics Advisory Council suggest
The long dead Scottish philosopher and economist remains as relevant today as he has been for centuries