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The Thatcherites: or, as they would have said, the IEA-ites.(BRITAIN)(Institute of Economic Affairs)
IN the early 1960s the Institute of Economic Affairs in London invited those Tory MPs favorable to the free market to a discussion on promoting their ideas in politics. It was a distressingly small gathering. For this was the heyday of the post-war social-democratic consensus in Britain. Prime Minister Harold Macmillan dominated the political scene with aristocratic style and "unflappable" dash. His nickname, invented by a despairing left-wing columnist, Vicky, was "Supermac." His political skills were so deft that he was often compared to a magician. And as Balfour said of Gladstone, Macmillan was a Tory in everything except essentials.
In his youth, he had been ...
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