NEOLIBERALISM

I am reading a book written by David Harvey.

The title of the book is "A Brief History of Neoliberalism".

This is a textbook of my course at UW.

From this book, I learned about four famous politicians; Deng Xiaoping, Margaret Thatcher, Paul Volcker and Ronald Reagan.

I want to write about them today.

First, Deng Xiaoping was a prominent Chinese politician, as well as the late leader of the Communist Party of China. He transformed China from a closed backwater to an open center of capitalist dynamism with sustained growth rates unparalleled.

Margaret Thatcher is a British politician and she was Prime Minister of the United Kingdom from 1979 to 1990. She was the first woman Prime Minister in United Kingdom. She called " The Iron Lady" because she was conservative and belligerent. She put an end to the miserable inflationary stagnation that had enveloped the country.

Paul Volcker is an American economist. He took command at the US Federal Reserve in July 1979, under United States Presidents Jimmy Carter and Ronald Reagan, and within a few months dramatically changed monetary policy.

Ronald Reagan was the 40th President of the United States and he was an actor of Hollywood when he was young. He set the US on course to revitalize its economy by supporting Volcker's moves. He deregulated industry, agriculture, and resource extraction, and liberate the powers of finance both internally and on the world stage.

They all flourished in 1978-80, future histrians may well look upon the years 1978-80 as a revolutionary turning-point in the world's social and economic history.

I want to study and know about economy and politics more and more.