Rise of Neoliberal Economic Policies in the UK and US (1979–1992)

1. Thatcher wins UK general election

   May 3, 1979Labels: Margaret Thatcher, Conservative Party, Privatization

   • UK Parliament
   • Britannica

2. Volcker becomes Federal Reserve Chair

   Aug 6, 1979Labels: Paul Volcker, Federal Reserve, Monetary policy

   • Fed History

3. Fed announces new operating procedures

   Oct 6, 1979Labels: Federal Reserve, Money supply

   • Fed St Louis

4. US signs major bank deregulation law (DIDMCA)

   Mar 31, 1980Labels: DIDMCA, U S

   • Fed Board
   • Fed History

5. UK Employment Act restricts some union actions

   Aug 1, 1980Labels: Employment Act, UK government

   • UK Legislation
   • Wikipedia

6. UK Housing Act creates Right to Buy

   Aug 8, 1980Labels: Housing Act, Right to

   • UK Legislation
   • Wikipedia

7. Reagan inaugurated as US president

   Jan 20, 1981Labels: Ronald Reagan, Republican Party

   • Reagan Library
   • Wikipedia

8. Reagan signs ERTA tax cuts

   Aug 13, 1981Labels: Economic Recovery, Tax policy

   • Britannica
   • Congress gov

9. Reagan signs OBRA spending cuts

   Aug 13, 1981Labels: OBRA 1981, Budget reconciliation

   • Congress gov
   • Wikipedia

10. US signs Garn–St. Germain banking law

    Oct 15, 1982Labels: Garn St, Thrift institutions

    • Congress gov
    • Wikipedia

11. UK Employment Act further limits union immunities

    Oct 28, 1982Labels: Employment Act, Industrial relations

    • UK Legislation
    • Wikipedia

12. UK miners’ strike begins

    Mar 6, 1984Labels: Miners' strike, National Union

    • Britannica
    • Wikipedia

13. UK Telecoms Act sets up BT privatization

    Apr 12, 1984Labels: Telecommunications Act, British Telecom

    • UK Legislation
    • Wikipedia

14. Trade Union Act mandates secret ballots

    Jul 26, 1984Labels: Trade Union, Union ballots

    • UK Legislation
    • Wikipedia

15. US Tax Reform Act overhauls federal income tax

    Oct 22, 1986Labels: Tax Reform, U S

    • Britannica
    • Congress gov

16. London Stock Exchange “Big Bang” deregulation

    Oct 27, 1986Labels: Big Bang, London Stock

    • Britannica
    • Wikipedia

17. UK Financial Services Act establishes new framework

    Nov 7, 1986Labels: Financial Services, Securities regulation

    • UK Legislation
    • Hansard

18. UK Local Government Finance Act introduces Community Charge

    Jul 29, 1988Labels: Community Charge, Local Government

    • UK Legislation
    • Wikipedia

19. UK Electricity Act restructures for privatization

    Jul 27, 1989Labels: Electricity Act, Electricity industry

    • UK Legislation
    • Wikipedia

20. NAFTA is signed by US, Canada, and Mexico

    Dec 17, 1992Labels: NAFTA, North America

    • Britannica
    • USTR