I was recently asked whether, with inflation high and sticky in the UK, we need another Thatcher. I am old enough to remember the Thatcher government. It took office after a decade of failed policies and weak administrations that had seen the union movement over-reach itself and bring down not one but two governments: Heath’s Tories first, with the miners’ strike of 1974, and then, incredibly, Callaghan’s Labour in 1979. Yes, you read that right: the unions believed it to…