There will be plenty of things to say in due course about Nigel Lawson, who died today. He was too much his own man simply to be described as a standard-bearer of Thatcherite economics (that’s to put it mildly: It was much more complicated than that). Nevertheless, his own words (he was speaking in 1986, during his time as Thatcher’s chancellor of the Exchequer) are a good starting point when it comes to understanding what he stood for:
[T]he Government’s objectives remain unchanged: the conquest of inflation and the creation of an enterprise culture. . . . And the Government’s policies are unchanged, too: policies of sound money and free markets, not least, because these are the only routes to more jobs, and jobs that last.
R.I.P.






Comments