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Under Margaret Thatcher's government, the taming of inflation displaced high employment as the primary policy objective. [ 12 ] : 630 As a monetarist , Thatcher started out in her economic policy by increasing interest rates to slow the growth of the money supply and thus lower inflation.
Leaders Margaret Thatcher and Ronald Reagan publicly appear together on the South Lawn in February 1981. Whilst Thatcher was prime minister, she greatly embraced transatlantic relations with US president Ronald Reagan. She often publicly supported Reagan's policies even when other Western allies were not as vocal.
Margaret Hilda Thatcher, Baroness Thatcher [nb 2] (née Roberts; 13 October 1925 – 8 April 2013), was a British stateswoman and Conservative politician who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990.
The slogan was often used by Thatcher. [citation needed] [11] The phrase is used to signify Thatcher's claim that the market economy is the best, right and only system that works, and that debate about this is over. One critic characterized the meaning of the slogan as: "Globalised capitalism, so called free markets and free trade were the best ...
There Is No Alternative: Why Margaret Thatcher Matters is a 2008 biographical account of the premiership of Margaret Thatcher written by American author Claire Berlinski.. The title is a reference to Margaret Thatcher's fondness for the slogan "There is no alternative" which she used to describe her belief that despite capitalism's problems, "there is no alternative" to it as an economic ...
Grocer’s daughter Lady Thatcher was proud of saying how her economic beliefs were based on the virtues of ‘prudent housekeeping’ learned from her parents at the kitchen table.
Margaret Thatcher was Prime Minister of the United Kingdom from 4 May 1979 to 28 November 1990, during which time she led a Conservative majority government. She was the first woman to hold that office. During her premiership, Thatcher moved to liberalise the British economy through deregulation, privatisation, and the promotion of ...
The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986.