Monetarist visionaries and moderate brakes
With her visceral "conviction politics," Margaret Thatcher sometimes comes across as a right-wing ideologue, but she is far too savvy to build a government in her own image. For one thing, Britain's new Prime Minister is enough of a realist to recognize that a Cabinet stacked with right-wingers would be as divisive for the country as it would be for her own broad-based party. For another, she needs and wants experienced lieutenants, which means re-enlisting a number of proven moderates from Edward Heath's 1970-74 administration.
Accordingly, the new Tory...