Nigel Lawson: Quotes about people

Nigel Lawson is British Conservative politician and journalist. Explore interesting quotes on people.

Nigel Lawson: 44 quotes0 likes

“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit…people understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less…coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.”

Speech to the Conservative Party Conference (13 October, 1988).

“Today 'nationalism' is out of fashion among the opinion-formers. Thanks to a superficial misreading of history, it is accused of having been responsible for two world wars and has widely come to be regarded as a political sin of the first magnitude, fortunately found only in such antiquated and obsolete figures as General de Gaulle. In fact the real danger comes from ideologies not nationalism; for while a nation may properly respect the nationhood of others, an ideology knows no frontiers…Once [the Tories] lose their claim to be, in the fullest sense, the 'national party', they are left, as they are in danger of being left today, either as the party of the 'individual' – a noble but to most people an austere and forbidding creed – or else as the party of the middle classes, which condemns them to a permanent minority.”

'A Tract for the Tories', The Spectator (1967), quoted in The View from No. 11: Memoirs of a Tory Radical (London: Bantam, 1992), p. 8.

“The successful sale of British Telecom…reveals a vast and untapped yearning among ordinary people for a direct stake in the ownership of British enterprise. Investment in shares has begun to take its place, with ownership of a home and either a bank or building society deposit, as a way for ordinary people to participate in enterprise and wealth creation. We are seeing the birth of people's capitalism.”

On the privatisation of BT (November 1984), quoted in The View from No. 11: Memoirs of a Tory Radical (London: Bantam, 1992), p. 224.

“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.”

Speech to the Conservative Party Conference (13 October, 1988).

“…this Budget represents a continuation of the policies which we have pursued consistently for nearly nine years, and which we will continue to pursue—a continuation of the steps that we have taken in nine previous Budgets, and of the major reforms that we have introduced in other fields, too, all of them designed to encourage and reward enterprise and so to liberate the energies of the British people. The tax changes in this Budget consolidate Britain's move from a high-tax country to a low-tax country, at all levels. Since 1979, the top rate of income tax has been cut from 83 per cent. to 40 per cent. The basic rate has been cut from 33 per cent. to 25 per cent. The corporation tax rate has been cut from 52 per cent. to 35 per cent. The small companies' rate has been cut from 42 per cent. to 25 per cent., and the 15 per cent. additional tax on savings income has been abolished altogether.”

Speech http://hansard.millbanksystems.com/commons/1988/mar/21/budget-resolutions-and-economic-situation in the House of Commons (21 March 1988)

“Our achievement…has been to show that you can build far greater, and far more lasting, prosperity by letting people co-operate in the freedom of the market place than by making them submit to the coercion of Government regulations and state bureaucracy. If you look around the world today, East and West, even in Soviet Russia and Communist China, you will see that lesson being taken to heart…The truth is that a prosperous world based on free and open markets is a world of co-operation and interdependence between the people of all nations. By contrast, a world of closed, State controlled economies is a world disposed towards confrontation and conflict.”

Speech to the Conservative Party Conference (13 October, 1988).

“…it is already clear that the policies that we have been pursuing have brought about a profound cultural change in this country. That, indeed, is what it is all about. For that cultural change is the only route to the economic success that we all wish to see, and which is no longer promise but reality. No longer do people accept that economic policy should be about regulating everyone's lives and imposing penal tax rates, in the illusion that that will benefit those on lower incomes. Instead, it is now widely recognised except on the Opposition Benches that one cannot make the poor rich by making the rich poor and that there are enormous benefits in getting the state off people's backs, in transferring decision-making from the state to the people. And it is now abundantly clear that giving greater freedom and greater incentives has removed the shackles that have held back Britain for so many years and has liberated a great surge in enterprise.”

Speech http://hansard.millbanksystems.com/commons/1988/mar/21/budget-resolutions-and-economic-situation in the House of Commons (21 March 1988)