8.12.05

Recordar Arthur Seldon (4)

Seldon continued to write for posterity, confident that the worst fallacies were behind, that the Treasury, the Bank of England, the economic ministries and employers' organisations were nearer the mainstream of neo-classical economics than they had been when the IEA had begun its uphill climb in the 1950s of Harold Macmillan and Hugh Gaitskell. If many of Blair's critics in the Labour Party and unions complain that his policies are Thatcherite, they might more accurately describe them as IEA-ite.