Yes, and thank you for the correction. An unfortunate error on my part. However, "Thatcherism" took up the mantle of "Reaganomics" mere months later when Reagan was elected as referenced in the article. "Reaganism" was not a term used pre or post election. Thanks for your correction. I will amend. Cheers! B.R-T.
I didn't mean to be pretentious, sorry. I have been looking at these financial and economic relations between the City of London and Wall Street for years. The City of London definitely runs Wall Street despite any counter opinions.
When Margaret Thatcher privatized (neo-liberalism) UK's civil service the US followed up shortly thereafter with the Civil Service Reform Act of 1978 and created the Senior Executive Service (SES) that today runs US bureaucracies.
Thanks, Tim.... emails are often far too impersonal so I wanted to extend again my thanks for your bringing to my attention my error regarding Keynes. Although I pride myself on excellent reporting, occasionally I prove to be human, and am always glad, yet mortified, when a reader brings this to my attention.
Thanks also for the new references. Yes, Thatcher hit the starting line just before Reagan, but the similarities on both sides of the pond have been a long list and with the relative size of the economies America/ Fed and NYSE has provided far greater effect fiscally. But, yes, BofE has certainly provided its share. Cheers! B.R-T.
Keynes was British, he wasn't an American economist and Thatcherism came before Reaganism.
Yes, and thank you for the correction. An unfortunate error on my part. However, "Thatcherism" took up the mantle of "Reaganomics" mere months later when Reagan was elected as referenced in the article. "Reaganism" was not a term used pre or post election. Thanks for your correction. I will amend. Cheers! B.R-T.
I didn't mean to be pretentious, sorry. I have been looking at these financial and economic relations between the City of London and Wall Street for years. The City of London definitely runs Wall Street despite any counter opinions.
When Margaret Thatcher privatized (neo-liberalism) UK's civil service the US followed up shortly thereafter with the Civil Service Reform Act of 1978 and created the Senior Executive Service (SES) that today runs US bureaucracies.
Thanks, Tim.... emails are often far too impersonal so I wanted to extend again my thanks for your bringing to my attention my error regarding Keynes. Although I pride myself on excellent reporting, occasionally I prove to be human, and am always glad, yet mortified, when a reader brings this to my attention.
Thanks also for the new references. Yes, Thatcher hit the starting line just before Reagan, but the similarities on both sides of the pond have been a long list and with the relative size of the economies America/ Fed and NYSE has provided far greater effect fiscally. But, yes, BofE has certainly provided its share. Cheers! B.R-T.