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Greed is good, says London mayor Johnson


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London mayor Boris Johnson on Wednesday hailed greed as a "valuable spur to economic activity" as he spelt out his vision of modern Thatcherism at a speech honouring the former prime minister. Delivering the Centre for Policy Studies' annual Margaret Thatcher lecture, Johnson called for the return of selective schools in a message apparently aimed at the right-wing of the Conservative Party, which many believe he hopes to lead one day. indeed some measure of inequality is essential for the spirit of envy and keeping up with the Joneses that is, like greed, a valuable spur to economic activity," he said.

 

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