Tag Archives: Margaret Thatcher

Fiscal Policy and the NUM Pension Fund


This week on Facebook: Last week’s post was about pensions  and the political fiscal chicanery that successive governments have adopted to steal pension funds and hide their connivance in keeping public sector pensions ‘off the books’. On Sunday I posted a short exert from the television series ‘Yes Minister’, which indicates that the public sector pensions deficit is not a new political issue. What is rarely written about is the financial burden of the funds required to service the pensions of politicians, but perhaps more importantly, how the pensions and contributions of politicians are not subject to the same vagaries as other pensions. Read more of this post

The Final Curtain Call


In A Tribute in Words and Pictures (a collection of reviews by those closely associated with Margaret Thatcher) its editor, Iain Dale, has included an amusing anecdote by John Whittingdale about Margaret Thatcher and Monty Python. As Whittingdale recounts, in 1990, the Conservative Party Conference speech was particularly important and the hardest part of the speech to write were the jokes, especially for someone who was not a natural joke teller. The people brought in to write this part of Margaret Thatcher’s speech frequently needed to persuade her that what they had written was funny. Read more of this post

What laws may cure


A NEW EXAMINATION OF MORALS AND THE LAW by T. E. Utley

Of all the ills that human hearts endure,

How small that part which laws may cause or cure.

Those lines, widely and falsely attributed to Samuel Johnson and in fact written by Oliver Goldsmith, used to represent one of the most important ingredients in Tory thinking. Today, most Tories would feel inclined to qualify them. Laws may be capable of doing little good, but we have learnt that they are powerful engines of evil, of consequences which their authors never intended or foresaw but which press hardly and deeply into the lives of ordinary people. Read more of this post

A quest for the ‘Iron Lady’.


Lady Thatcher is dead but not – at least metaphorically – buried, still demonised by the hard left left, still lionized by the hard right, still a source of great political and economic controversy. This generation is confronted by very different problems: the straitjacket of prolonged austerity, the lack of accountability in corporate power, the over-dominance of finance, a grossly unjust system of remuneration and the destruction of the public realm.

Read more of this post

Thatcher v Keynes


We’re all Socialists now! records Peter Hitchens saying of Margaret Thatcher:

I shall never cease to admire her courage and determination.  – But at the end of it, she was a great and noble failure, who forgot or ignored half of what she really needed to do, and so lived to see almost all her successes negated. And until conservatives in Britain and America are ready to recognize that, they too will fail, over and over again’.

Abridged here from a commentary with the title Anatomy of Thatcherism that first appeared in 2009 at the Project Syndicate and written by Robert Skidelsky, he would seem to support Hitchens’ view of Margaret Thatcher. Clearly a Keynesian, Skidelsky sees Thatcherism as the outcome of Thatcher/Reagan economics.

‘The Thatcher  revolution inspired policies to free markets from government interference. Many people attribute the global crisis to these very ideas, the Anglo-American model of capitalism is deemed to have failed. The following hindsights are judgement on which elements of the Thatcher revolution should be preserved, and which should be amended as a result of global economic downturn’. Read more of this post

We’re all Socialists now!


In the introduction to her autobiography The Downing Street Years  – abridged here – Margaret Thatcher indicts Socialism for its failure to be efficacious.  Writing that successive post war Labour Governments began a sustained attempt of a centralizing, managerial, bureaucratic, interventionist style of government. Read more of this post

Strapped for cash


Thirty years ago in 1982, the year in which unemployment exceeded three million , the BBC launched a television series called Boys From the Blackstuff. Set in a grimly recognisable Liverpool, it chronicled the disparate and sometimes dissolute attempts of five former members of a tarmac gang to find work in a city hit hard by mounting unemployment and depression. Boys From the Blackstuff was written by Alan Bleasdale who described it as “an absurd, mad, black farce”.  The series came to epitomize the Thatcher era, reinforcing perceptions of a North South divide.

Read more of this post

Thatcher’s spirit!


The history of Britain in the last thirty years, under both Conservative and Labour governments, has been dominated by one figure – Margaret Thatcher. Her election marked a decisive break with the past and her premiership transformed not just her country, but the nature of democratic leadership. When Thatcher came to power in 1979, she inherited the Britain of the three-day week, the Winter of Discontent, and the Sick Man of Europe.   Read more of this post

A Socialist Thatcherite?


I would hesitate to describe myself as pragmatic during my time spent in the Civil Service.  In its archaic use (pragmatic – active in an officious or meddlesome way) it fits too well with my perception of the Civil Service. I would often describe myself to my colleagues as a ‘Socialist Thatcherite’. My early childhood during WWII made me ‘a socialist sympathiser’ and in this I would admit to a philosophy of pragmatism.  While ‘Socialist Thatcherite’ fits well into the category of an oxymoron, my colleagues, who for the most part were Tory supporters (in varying degrees) could well be described as ‘Thatcherite Socialists’.  They were quite happy for the reforms advocated by Thatcher to be implemented elsewhere, but not in the Civil Service sector served by them. Public money was perceived as being a horn of plenty but they soon found out that Thatcher was no Abundantia.  She in turn was to find out that the Civil Service was conservative only with a small ‘c’. Read more of this post

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Hello, I’m Ed Conway, Economics Editor of Sky News, and this is my website. Blogposts, stuff about my books and a little bit of music

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

An Anthology of Short Stories

Selected by other writers

davidgoodwin935

The Short Stories of David Goodwin (Capucin)

The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Hello, I’m Ed Conway, Economics Editor of Sky News, and this is my website. Blogposts, stuff about my books and a little bit of music

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

An Anthology of Short Stories

Selected by other writers

davidgoodwin935

The Short Stories of David Goodwin (Capucin)

%d bloggers like this: