“There is no real alternative”, Mrs. ThatcherThatcher, Margaret famously—presciently, some would say—announced to the Conservative Women’s Conference on 21 May 1980. “What’s the alternative?”, she thundered. “To go on as we were before? All that leads to is higher spending. And that means more taxes, more borrowing, higher interest rates, more inflation, more unemployment” (1980).

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Introduction: Inflationary Modernities

  • Kieran Brown,
  • Wayne Stables

摘要

“There is no real alternative”, Mrs. ThatcherThatcher, Margaret famously—presciently, some would say—announced to the Conservative Women’s Conference on 21 May 1980. “What’s the alternative?”, she thundered. “To go on as we were before? All that leads to is higher spending. And that means more taxes, more borrowing, higher interest rates, more inflation, more unemployment” (1980).