Economic Cures for English Diseases
James E. Alt
Nothing is ever entirely new. Thatcherism is certainly a distinctive ideology, but has roots in a variety of traditions of Conservative Party thinking. It is a new blend of ideas rather than a new idea. It made a difference. No one today would take seriously the assertion heard frequently only a few years ago that Britain had become ungovernable. Thirty years ago, Britain was held up as a model of responsible government, and Thatcherism certainly helped make it governable again.1. But few things are ever entirely successful. Even its warmest supporters give Thatcherism "two cheers" rather than three. Much of what was promised was not achieved, or accomplished only temporarily.2. Without a doubt even some of the restored governability of the country is due to lowered public expectations of what government can produce as much as successful public performance.
To make this verdict of conditional congratulation live a little, this chapter will do five separate things. It will describe (1) what Thatcher's three____________________