The most important political upheaval of the last few years has not taken place within the Conservative Party. The Conservative Party has merely evolved to take account of changing political circumstances, as we would expect. Nothing has changed substantially within the Party but it has adapted to a new environment, for good or ill.
The big change has been within the Liberal Democrats. Many Lib Dem thinkers have rediscovered economic liberalism a principled belief in economic freedom, though this is a change that is not welcomed by all in the party. Indeed, on some issues, such as public sector pensions, Lib Dem thinking is streets ahead of that of the Conservatives. In other areas, such as in education, and the level of taxation and government spending, there is little to choose between the Conservatives and leading thinkers in the Liberal Democrats. On welfare policy there is a growing common ground.
It is not that the Liberal Democrats are becoming more Conservative: the common ground is arising because they are rediscovering their liberalism.
So what? Why does this matter? Surely, the Lib Dems will not be the next governing party.
This change matters hugely. Firstly, there may b