1977/Hoskyns

==Authors==
; John Hoskyns
* Sir John Leigh Austin Hungerford Hoskyns (born August 1927) is best known as a Policy Advisor to Margaret Thatcher while head of the Prime Minister's Policy Unit from May 1979 and April 1982. Prior to this he acted as a Policy Adviser to her and the Shadow Cabinet from 1975-79, during which time he produced the important "Stepping Stones" report of November 1977.
* IBM UK Ltd (1957–64) 
* Hoskyns Group Ltd, Founder, Chairman and Managing Director (1964–75)
; Norman S. Stauss
* Unilever
==Ideas==
Without any political experience, he dedicated the year of 1977 to analysing what he considered to be wrong with the UK; this was called The Stepping Stones Report. He created this report for the Tory party, working with Norman S. Stauss, then at Unilever. He created a diagram that showed how all these problems were interlinked. 
Union power, for example, increases the level of unemployment as they raise wages above market clearing levels, which will eventually cause wages to be unsustainably and inefficiently high. This encourages politicians to run budget deficits and print money; this causes inflation, which makes unions more militant, as their members suffer under increased inflation, and also, workers will be more inclined to join unions for protection from the rising inflation. Thus, the Trade Union's power increases as they gain members. The report states: "The one precondition for success will be a complete change in the role of the trade unions movement." When Margaret Thatcher, who read chemistry at Oxford, saw the diagram, she reportedly remarked it looked like a chemical plant.
Thatcher was an admirer of Hoskyns, writing in her autobiography that <I>John's background was in business and computers; but over and above that experience, he had strong powers of analysis and had helped formulate our economic strategy in Opposition. He propagated the theory that a 'culture of decline' was the ultimate cause of many of Britain's economic problems... He kept our eye on the ball.</I>
==Parts==
==Views==
==Cites==