Nigel Lawson Quotes
If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved down my throat, being filled with custard by representatives of the people of China.
Milton Friedman is a man with dangerously simplistic visions and explanations of the economic world.
Both Rinfret and Friedman were conservative economists who profoundly disagreed with each other and said so.
Milton Friedman.is a Nobel Prize winning ultra-capitalistic, free market, economist whose viewpoint was at the opposite extreme of the communists.
Announcing the disbanding of the Cold War-inspired organization:
China was going though a major change of economic structure and national policy, moving to a Western style, capitalist, market economy. This was led by Zhao and Deng. However there were ensconced communist, Marxist idealogues still in place in the government, and a few of them were very vocal about their negative reaction to this abandonment of socialist principles. One economists who was particularly vocal was thus warned and reprimanded by Zhao. He got the message.
Nigel Lawson, Baron Lawson of Blaby, PC is a British Conservative politician and journalist. He was a Member of Parliament representing the constituency of Blaby from 1974 to 1992, and served in the cabinet of Margaret Thatcher from 1981 to 1989. Prior to entering the Cabinet, he served as the Financial Secretary to the Treasury from May 1979 until his promotion to Secretary of State for Energy. He was appointed as Chancellor of the Exchequer in June 1983, and served until his resignation in October 1989. In both Cabinet posts, Lawson was a key proponent of Thatcher's policies of privatisation of several key industries. Lawson oversaw the sudden deregulation of financial markets in 1986, commonly referred to as the 'Big Bang', which decisively strengthened London's place as a financial capital.