Apocryphylia

Lobster Issue 68 (Winter 2014) FREE

[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 […]

The View from the Bridge

Lobster Issue

[…] 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. […]

lob86View from Bridge

Lobster Issue

[…] call) Thatcherism and thus the person chiefly responsible for the creation of today’s Broken-down Britain. Of the triumvirate in charge of the economic policy in the first Thatcher government, he was the one who knew what he was doing. Geoffrey Howe and Thatcher merely had some free market clichés in their brains at the […]

The view from the bridge

Lobster Issue 74 (Winter 2017) FREE

[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. […]

lob86View from Bridge

Lobster Issue

[…] call) Thatcherism and thus the person chiefly responsible for the creation of today’s Broken-down Britain. Of the triumvirate in charge of the economic policy in the first Thatcher government, he was the one who knew what he was doing. Geoffrey Howe and Thatcher merely had some free market clichés in their brains at the […]

Nine Crises: Fifty Years of Covering the British Economy from Devaluation to Brexit by William Keegan

Lobster Issue 80 (Winter 2020) FREE

[PDF file]: […] the approach he is taking: the devaluation crisis of 1967; the oil crisis and three day week of 1973; the 1976 IMF crisis; so-called sado-monetarism and the Thatcher recession 1979-82; the Lawson boom and bust and fallout with Thatcher 1983-89; Black Wednesday 1992; the financial crash 2007/9; Osbourne’s austerity 2010-16 and the Referendum and […]

View from Bridge copo

Lobster Issue

[…] call) Thatcherism and thus the person chiefly responsible for the creation of today’s Broken-down Britain. Of the triumvirate in charge of the economic policy in the first Thatcher government, he was the one who knew what he was doing. Geoffrey Howe and Thatcher merely had some free market clichés in their brains at the […]

View from Bridge copy

Lobster Issue

[…] the 1980s which were released in late December, was one concerning the Peter Wright book Spycatcher. The Guardian reported that on one of these documents prime minister Thatcher wrote in October 1986: ‘I am utterly shattered by the revelations in the book. The consequences of publication would be enormous.’ 8 Obviously she didn’t have […]

The view from the bridge

Lobster Issue 72 (Winter 2016) FREE

[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 […]

The long goodbye? Taking on the consultants

Lobster Issue 90 (2025) FREE

[PDF file]: […] consultancies rocketed: At the time of the 1979 general election in the United Kingdom, the government was spending about £6 million on consulting services annually; when Margaret Thatcher stepped down as prime minister eleven years later, the amount was more than 40 times greater at £246 million.8 Where the Iron Lady failed, Reeves’ ‘Iron […]

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