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" "I do not believe that history is writ clear and unchallengeable. It doesn't just happen. History is made by people: its movement depends on small currents as well as great tides, on ideas, perceptions, will and courage, the ability to sense a trend, the will to act on understanding and intuition. It is up to us to give intellectual content and political direction to these new dissatisfactions with socialism in practice, with its material and moral failures, we must convert disillusion into understanding. If we fail, the tide will be lost. But if it is taken, the last quarter of our century can initiate a new renaissance matching anything in our island's long and outstanding history.
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.
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I find that the conservatism which I follow does have some things in common with what Professor Hayek was preaching and also has some things in common with what you called old-fashioned Liberals. Let me just quote one, to whom I am devoted, John Stuart Mill on liberty. “A nation that dwarfs its citizens will find that with small men it can accomplish no great thing.” Is that not what I have been saying? Yes, it is partly perhaps old-fashioned liberalism...my pride that it has something in common with that...but that also has something in common with my belief that really nations are there to try to help people to bring out the best talents and abilities and initiatives in themselves and that, I think, is conserving the best in human nature and trying to change the rest, but trying to change it through the character of men and women.