Adam 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 ThatcherThere is much to be said for trying to improve some disadvantaged peopleโs lot. There is nothing to be said for trying to create heaven on earth.
Margaret ThatcherA world without nuclear weapons would be less stable and more dangerous for all of us.
Margaret Thatcher