SIGNED TYPESCRIPT SPEECH BY MARGARET THATCHER ON HAYEK, 2003
signed typescript speech by Margaret Thatcher on F.A. Hayek on the receipt of the Internationaler Preis der Friedrich-August-von-Hayek-Stiftung. 2pp., dated October 2003, on headed stationery, signed in blue ink, with a copy of the diploma housed in a blue cloth portfolio;
typed letter signed by Margaret Thatcher to Lawrence Hayek, dated 25 July 2003, on headed stationary;
4 signed photographs of Thatcher with Lawrence and Esca Hayek;
one menu from the “Fisher/Thatcher-Lunch” at the Café Royal, dated 22 June 1992, inscribed by Thatcher;
additional menu from the “Fisher/Thatcher-Lunch” at the Café Royal, dated 22 June 1992, signed by attendees including Thatcher, Hayek and Keith Joseph;
12 pages of copies of correspondence between Thatcher and Hayek;
There is a famous anecdote that during a Conservative Party policy meeting, Thatcher removed her copy of Hayek’s Constitution of Liberty from her handbag, slammed it down on the table and declared, “This is what we believe.”
Whether the story stands up to its own legend, the impact that Hayek’s writing had on Thatcher, her advisors, and her policies is undeniable. Thatcher herself wrote: “the most powerful critique of socialist planning and the socialist state which I read at this time and to which I have returned so often since [is] F.A. Hayek's The Road to Serfdom."
Hayek himself returned kind words back to the PM, not only in their private correspondence, but publicly in many letters to newspapers. In a letter to The Times in 1982 he wrote: “It is Mrs Thatcher’s great merit that she has broken the Keynesian immorality of ‘in the long run we are all dead’ and to have concentrated on the long run future of the country irrespective of possible effects on the electors…Mrs Thatcher’s courage makes her put the long run future of the country first.”
Throughout her political career Thatcher was a fierce advocate of free-market libertarianism. In their first meeting at the Institute of Economic Affairs Ralph Harris explained "although she is known as being a rather overpowering lady she sat down like a meek schoolgirl and listened."
This 2003 speech concludes: “Hayek is, therefore, the prophet not of doom and disaster, but of peace and plenty. His is a voice of wisdom for our time, and for all time. We should listen to him.”
To view shipping calculator, please click here.
Minor creasing to copies of correspondence.
Please note, Condition 11 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot.
The lot is sold in the condition it is in at the time of sale. The condition report is provided to assist you with assessing the condition of the lot and is for guidance only. Any reference to condition in the condition report for the lot does not amount to a full description of condition. The images of the lot form part of the condition report for the lot provided by Sotheby's. Certain images of the lot provided online may not accurately reflect the actual condition of the lot. In particular, the online images may represent colours and shades which are different to the lot's actual colour and shades. The condition report for the lot may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the condition report for the lot or shown in the online images of the lot. The condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby's is not a professional conservator or restorer but rather the condition report is a statement of opinion genuinely held by Sotheby's. For that reason, Sotheby's condition report is not an alternative to taking your own professional advice regarding the condition of the lot.