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The "Gods of the Copybook Headings"

From samizdata, who brings insight to what is going on in Britain:

One of the people who said you cannot defy market forces, or fail to heed what Kipling called the "Gods of the Copybook Headings", was of course, Margaret Thatcher. . . In fact, Mrs Thatcher's greatness, in my opinion, in part stemmed from her willingness to tell people that water did not flow uphill, that if you want to distribute wealth, you have to create it, and that defying the laws of supply and demand typically made problems worse, as in the case of trying to fix the value of sterling. That was one of her best traits.

Thanks to Instapundit for the link.

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