Inside Thatcher’s Monetarism Experiment New:New Trauma is a fact of

Trauma is a fact of life

There lived a young Smoo by the name of Bill

written bloodily in the sands of a distant shore

when it seems like they’ve lost everything of their father

Written by Chris McDowall (Electric Bastionland) and with graphic design by Johan Nohr (MÖRK BORG)

Inside Thatcher’s Monetarism Experiment New:New Trauma is a fact ofIn 1979, Margaret Thatchers new government was faced with rampant double digit inflation, rising unemployment and flatlining economic growth. In response, Thatcher pursued an economic policy which rejected the old orthodoxies and was promoted by only a minority of economists: a policy based on the doctrine of monetarism. Tim Lankester was the private secretary for economic affairs to Thatcher during the early years of her government. His insiders