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Baroness Thatcher wants to spread her word
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Thatcher Funds Free Market Research
Margaret Thatcher is giving almost £2 million to Cambridge University to set up studies in her very own
brand of free enterprise economics.
An aide of Baroness Thatcher told the Sunday Times that the donation was "designed to make Cambridge a world centre, the
repository of all the knowledge and conditions in which
enterprise flourishes around the world".
The professorship will be attached to the university's management
study school, and is to be financed by a £1.9 million grant
from the Margaret Thatcher Foundation.
"A lot of people, Lady Thatcher included, are concerned that
the practice of capitalism, particularly in Russia and large
parts of China, exemplifies the capitalism of the cowboy," the
aide said. "This chair is designed to teach that capitalism does have a moral and legal basis."
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