InspiringQuotes

Margaret Thatcher Quotes:

Ocupation: Former Prime Minister of the United Kingdom

Life: October 13, 1925 - April 8, 2013

Birthday: October 13

Death: April 8

Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself.

- Margaret Thatcher

source: "Rupert Murdoch's inaugural Margaret Thatcher lecture" by Rupert Murdoch, www.theguardian.com. October 21, 2010.

topic: Hands, Invisible Hand, Creative, Creative Destruction

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