Reuters features comments from Steve Davies
Thatcher, who died on Monday aged 87, stood for deregulation, a smaller state, free markets and privatization. If that sounds familiar, it is because her playbook has been copied around the world.
“She shifted the boundaries of what was politically possible,” said Steve Davies, a director and economic historian at Britain’s Institute of Economic Affairs think tank.
“On the one side policies such as privatization and deregulation came to be taken seriously. On the other, policies that were taken seriously – like the command economy – are no longer taken seriously.”
Read the full article here.