Lobster Issue 68 (Winter 2014)
[PDF file]: […] a major event after all. He opines that Callaghan wouldn’t have won a majority and that a general election in late ’78, therefore, may have led to Thatcher being asked to form a government anyway, as Callaghan would have gone to the country and failed. This seems plain wrong. If the election had gone […]
Lobster Issue 74 (Winter 2017)
[PDF file]: […] shop. Heseltine served in the government of Edward Heath, which was partly responsible for the worst inflation this country has every experienced, and in that of Margaret Thatcher, which created the worst recession since the 1930s. I was curious to see how he dealt with these politically uncomfortable facts. Not well, is the answer. […]
Lobster Issue 72 (Winter 2016)
[PDF file]: […] the year he won the Nobel Prize for Economics. His belief in the centrality of controlling the economy’s money supply was adopted by the Tory right around Thatcher, who had rejected Keynesian notions of the state managing the economy. Previous to this, in 1972 when they were faced with rising unemployment, Edward Heath’s government […]