My latest piece in Inside Story. Standfirst is Has the Coalition learnt the wrong lessons from Margaret Thatcher?
Thatcher saw that the existing system has failed and proposed a radical alternative. In that sense, we need to emulate her.
We don’t need to trawl through the leftovers of her program: an uninspiring ragbag of policies that turned out to be either unworkable (money supply targeting, for instance) or so politically toxic that they are unsaleable even forty years later (notably the poll tax, which destroyed Thatcher’s prime ministership).