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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
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... capital in monetarism’ that she could ‘never admit publicly that it had been wrong’. Tim Lankester, Thatcher’s private secretary for economic affairs for the first two and a half years of her tenure, describes the monetarist experiment as ‘one of the most unsatisfactory episodes of economic policy-making of modern times’. This is civil ...

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