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[[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 Unionism|trade union]] influence and power
By 1983, Thatcherism in Britain had led to the worst [[unemployment]] figures since 1923.
==See also==
*[[Reaganomics]]