Inflation is taxation without legislation.” Milton Friedman warned that inflation is a hidden tax on your savings. Today, ...

There is an upside to making so many mistakes – No 10 can learn from them. By Andrew Marr A country only changes direction when the behaviour of its people does. Margaret Thatcher believed this. She ...

At an event to celebrate George Kennan in 1994 on the eve of his 90th birthday, the diplomat credited with the strategy of containment that guided US policy towards the former Soviet Union said it had ...

The ideas here have been expanded in The Problématique of State Capitalism as part of the book The Spectre of State Capitalism with Adam D Dixon (2023) available via Open Access here. At the risk of ...

Anna Schwartz must be the oldest active revolutionary on earth. Born in 1915 in New York, she can still be found nearly every day at her office in the National Bureau of Economic Research on Fifth ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 1979 Margaret Thatcher entered Downing Street determined to tame out-of-control inflation. Her monetarist ...

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Ann Behan has 10 years-plus of experience researching, writing, and editing articles, white papers, and executing searches at the board level across various industries. Her expertise includes ...

The Bank of England has faced a lot of criticism over the past few years for failing to pay sufficient attention to the money supply. Earlier this month, Mervyn King – a former Bank Governor – said it ...

After a decade of unsatisfactory leadership and economic and political turbulence, Britons will soon be heading to the polls to elect a new government. Although, for many, Margaret Thatcher remains a ...