Each year during Margaret Thatcher’s premiership she attended the annual IEA lectures in memory of Friedrich Hayek, whose work she greatly admired. While they mostly agreed on the general direction of public policy, however, Hayek was always wary of becoming implicated in Margaret Thatcher’s reforms. Nicholas Wapshott explores the new utopia of the Right that Hayek hoped to establish through the annual meetings of the Mont Pelerin Society and suggests why he was reluctant to fully support the works of his most prominent followers, Margaret Thatcher in Britain and Ronald Reagan in the United States.
Nicholas Wapshott is a British author and journalist who writes regular columns for Reuters, the New Statesman and Politico. He is a biographer of Margaret Thatcher and Ronald Reagan and the author of the best selling Keynes Hayek: The Clash That Defined Modern Economics. He lives in New York.
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