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Margaret Thatcher’s Lessons for Europe

Margaret Thatcher's career showed that making the case for fiscal discipline and market economics is not a guarantee of political success. In the European context, it is not only difficult domestically, but also inevitably leads to hard choices about the future of the integration process.

PRINCETON – Margaret Thatcher was much more respected outside Britain than she was in her own country. In the United States, but also in Central Europe, she is recognized as a hero, especially in the fight for economic and political freedom.

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