It seems like cloud cuckoo land. If anyone is suggesting that I would go to Parliament and suggest the abolition of the Pound Sterling - no! We have made it quite clear that we will not have a single currency imposed upon us.
Margaret ThatcherThere are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.
Margaret ThatcherI'm standing up for the right of self-determination. I'm standing up for our territory. I'm standing up for our people. I'm standing up for international law. I'm standing up for all those territories - those small territories and peoples the world over - who, if someone doesn't stand up and say to an invader 'enough, stop', would be at risk.
Margaret ThatcherThat is what capitalism is: a system that brings wealth to the many, not just the few.
Margaret ThatcherAdam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself.
Margaret Thatcher