Mrs. Thatcher's departure from British rule befitted her entire reign: blustering in rhetoric and accompanied by very little concrete action. Her rhetoric did bring free-market ideas back to respectability in Britain for the first time in a half-century. The Thatcher accomplishments, however, are a very different story, and very much of a mixed-bag.
The anti-government riots in London at the end of March 1990 were, it must be noted, anti-tax riots, and surely a movement in opposition to taxation can't be all bad. But wasn't the protest movement at bottom an envy-ridden call for soaking the rich, and hostility to the new Thatcher tax a protest against its abstention from egalitarian leveling? Not really.
The Australian bureaucracy is infested with left-wing bureaucrats, and the disturbing details in the case of DFAT desk officer Darrell Morris Jr. appears to demonstrate this. Darrell, a member of the Liberal Party, says he was bullied and driven out at DFAT, and his allegations are not difficult to believe.
Whenever Hollywood claims it has translated history into a feature film, you can be sure you are getting a large dose of artistic licence that has no historical basis whatsoever. Spielberg's Lincoln though, goes much further. It is a historical fraud being used for political propaganda.
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This short video explains one of the most persistent economic fallacies of our day. It illustrates that destruction cannot possibly be good for the economy, despite the views of mainstream Keynesian economists.