It’s a shitshow
Florence Sutcliffe-Braithwaite: Thatcher’s Failed Experiment, 8 May 2025
Inside Thatcher’s Monetarism Experiment: The Promise, the Failure, the Legacy
by Tim Lankester.
Policy, 227 pp., £19.99, May 2024,978 1 4473 7135 9 Show More
by Tim Lankester.
Policy, 227 pp., £19.99, May 2024,
“... 1982 should have been 15 percentage points higher than it was. Thatcher’s government, and later John Major’s, experimented with various other methods for containing inflation. In 1988, Thatcher’s second chancellor, Nigel Lawson, proposed making the Bank of England independent and tasking it with keeping down inflation, the path New Labour took when it ... ”