I find that the conservatism which I follow does have some things in common with what Professor Hayek was preaching and also has some things in common with what you called old-fashioned Liberals. Let me just quote one, to whom I am devoted, John Stuart Mill on liberty. “A nation that dwarfs its citizens will find that with small men it can accomplish no great thing.” Is that not what I have been saying? Yes, it is partly perhaps old-fashioned liberalism...my pride that it has something in common with that...but that also has something in common with my belief that really nations are there to try to help people to bring out the best talents and abilities and initiatives in themselves and that, I think, is conserving the best in human nature and trying to change the rest, but trying to change it through the character of men and women.

— Margaret Thatcher

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "I find that the conservatism which I follow does have some things in common with what Professor Hayek was preaching and also has some things in common with what you called old-fashioned Liberals. Let me just quote one, to whom I am devoted, John Stuart Mill on liberty. “A nation that dwarfs its citizens will find that with small men it can accomplish no great thing.” Is that not what I have been saying? Yes, it is partly perhaps old-fashioned liberalism...my pride that it has something in common with that...but that also has something in common with my belief that really nations are there to try to help people to bring out the best talents and abilities and initiatives in themselves and that, I think, is conserving the best in human nature and trying to change the rest, but trying to change it through the character of men and women." in the context of "Radio Interview for BBC Radio 3 (17 December 1985)" to mean that wisdom is timeless.

Source: Wikiquote: "Margaret Thatcher" (Quotes, Second term as Prime Minister) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Margaret Thatcher

About Margaret Thatcher

Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.