Difference between revisions of "Thatcherism"
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Thomas1984 (talk | contribs) (Removing claim, certainly not written from a conservative perspective. Unemployment was caused by a recession. Thatcherism was a very successful form of free market economics) |
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*reining in of [[labor union|trade union]] influence and power | *reining in of [[labor union|trade union]] influence and power | ||
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[[Category:Economics]][[Category:British History]] | [[Category:Economics]][[Category:British History]] | ||
Revision as of 02:05, September 27, 2009
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 union influence and power