Commentary (The Times)

Budget: "Advice and consent" (Hayek letter) [does not act as an adviser "on particular decisions"]

Document type: Press
Source: The Times , 16 Mar 1981, p13
Editorial comments:
Importance ranking: Major
Word count: 80
Themes: Conservatism, Monetary policy

Advice and consent

From Professor F. A. Hayek, FBA

Sir, Since you describe me as one "of Mrs Margaret Thatcher's economic advisers" (March 10) I may be allowed to say that, while I have the greatest admiration for her principles and proud when told, that they resemble mine, I am too much aware of my limited knowledge of political possibilities to presume to advise her on particular decisions.

Yours Faithfully,
Urachstrasse 27,
D-7800 Freiburg (Breisgau).
March 12