Is the Reagan-Thatcher Revolution Over?
Many people view 2009 as the year of counter-revolution against the small-government principles of privatization, low taxation, and de-regulation that motivated Ronald Reagan and Margaret Thatcher. But the dramatic policy changes in the US and Britain under Reagan and Thatcher brought about such profound improvements that there is no going back.
https://prosyn.org/A208mzu
CAMBRIDGE – Thirty years ago Ronald Reagan and Margaret Thatcher brought about a revolution in thinking and policy in both economics and foreign affairs. The economies of the United States and Britain are today fundamentally different because of what they did. The collapse of communism in Eastern Europe and the former Soviet Union is also the result of their policies.