World

Hayek’s Thatcher and the vultures of India First

Some of the good, bad and ugly things that Margaret Hilda Thatcher indulged in as Britain’s longest-serving and only woman PM were inspired by Vienna-born Friedrich August Hayek. The economist, philosopher and Nobel prize-winner lived at the turn of the last century when monarchies were being torn down and crowns dribbled like a football in the interest of the maximum good for all in society.

Michalski’s legacy of ideas

When I first arrived in Vienna, way back in 1982, I made a beeline for the city office of Solidarity. At that time the popularity of Lech Walesa, founder of Solidarity two years earlier in Poland, was at its peak. Not much was known about eastern European countries in those days. It was extremely difficult for people of those countries to travel abroad and foreigners found it almost impossible to visit. But there was so much to know about what was going on in that closed country. The question was how?