We believe that economic progress comes from the inventiveness, ability, determination and the pioneering spirit of extraordinary men and women. If t… - Margaret Thatcher

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Engraved portrait of Margaret Thatcher, facing right

We believe that economic progress comes from the inventiveness, ability, determination and the pioneering spirit of extraordinary men and women. If they cannot exercise that spirit here, they will go away to another free enterprise country which will then make more economic progress than we do.

English
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About Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Rob Bogaerts (Public domain / CC0)

Also Known As

Birth Name: Margaret Hilda Roberts
Alternative Names: Baroness Thatcher Margaret Hilda Thatcher Margaret Roberts Maggie Thatcher Baroness Margaret Thatcher Lady Thatcher Mrs. Thatcher Mrs. T Baroness Thatcher of Kesteven

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Additional quotes by Margaret Thatcher

A whole class of people – an 'underclass' if you will – had been dragged back into the ranks of responsible society and asked to become not just dependants but citizens. The violent riots of 31 March in and around Trafalgar Square was their and the Left's response. And the eventual abandonment of the charge represented one of the greatest victories for these people ever conceded by a Conservative Government.

The philosophical reason for which we are against nationalization and for private enterprise is because we believe that economic progress comes from the inventiveness, ability, determination and the pioneering spirit of extraordinary men and women. If they cannot exercise that spirit here, they will go away to another free enterprise country which will then make more economic progress than we do. We ought, in fact, to be encouraging small firms and small companies, because the extent to which innovation comes through these companies is tremendous.

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The habit of ubiquitous interventionism, combining pinprick strikes by precision weapons with pious invocations of high principle, would lead us into endless difficulties. Interventions must be limited in number and overwhelming in their impact.

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