Difference between revisions of "Thatcherism"
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Thomas1984 (talk | contribs) (Removing claim, certainly not written from a conservative perspective. Unemployment was caused by a recession. Thatcherism was a very successful form of free market economics) |
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| − | [[Thatcherism]] refers to the economic policy of Margaret Thatcher while British prime minister between 1979 and 1990. | + | [[Thatcherism]] refers to the economic policy of [[Margaret Thatcher]] while British prime minister between 1979 and 1990. |
It consisted of | It consisted of | ||
*[[free market]] [[Supply-side economics|supply-side economics]] | *[[free market]] [[Supply-side economics|supply-side economics]] | ||
Revision as of 20:27, December 4, 2009
Thatcherism refers to the economic policy of Margaret Thatcher while British prime minister between 1979 and 1990. It consisted of
- free market supply-side economics
- tax reduction
- artificial manipulation of the money supply to reduce inflation
- privatization of public industry
- reining in of trade union influence and power