The possible bankruptcy of Thames Water Company in Great Britain brings to mind the heady days 40 years ago when Margaret Thatcher's government was privatizing state-owned enterprises, including TW. Not all privatization stories have happy endings.

Original Article: <a href="https://mises.org/wire/bombing-hiroshima-crime-and-cover" target="_blank">"</a><a href="https://mises.org/wire/thatchers-new-style-government" target="_blank">Thatcher's New Style of Government"</a>

The possible bankruptcy of Thames Water Company in Great Britain brings to mind the heady days 40 years ago when Margaret Thatcher's government was privatizing state-owned enterprises, including TW. Not all privatization stories have happy endings.{ai:summary}<p>Thames Water Company faces possible bankruptcy, reminding us of Margaret Thatcher's privatization era. Not all privatization tales end well. #economy</p>

Thatcher's New Style of Government

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