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Was Thatcherism Good (or Bad) for the Economy? Margaret Thatcher was known as the woman who, between 1979 to 1990, brought austerity and -- at least for part of her tenure -- economic growth to a stagflation-riddled Britain. She's also known as a heedless free-market deregulator who set the stage for financial boom and bust, as well as for growing inequality. At a time when the debate over growth and austerity is front and center in the UK, the US, Europe, and much of the rest of the world, what is the legacy of Thatcher economics? Below, a ...
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