As Britain awaits Margaret Thatcher's ceremonial funeral, London's mayor Boris Johnson has argued that her policies of free markets and low taxes are alive and kicking.
"Thatcherism lives; and will live as long as there are people in this country, and on this planet, who see how economic freedom can be the servant not just of the rich, but of our whole society," Johnson wrote in The Telegraph newspaper.
Johnson's comments come as some highlight similarities between him and the "Iron Lady." Many tout Johnson as the next leader of the Conservative party and future Prime Minister.
Johnson had a great run in 2012, winning re-election and helping to stage the hugely successful London Olympics.
"Boris has what all good politicians have: a clear vision. He does not get up most mornings of the week trying to figure out what he thinks; he knows instinctively what he believes in," said Lord Coe, who headed the organizing committee for the 2012 Olympic Games
Such comments bear a sharp resemblance to Thatcher, who died from a stroke at the age of 87, last Monday.
"Tap anyone on the shoulder anywhere in the world, and ask what Mrs Thatcher believed in, and they will tell you. They can give a clear answer to what she stood for," said Maurice Saatchi, the chair of the U.K.'s Center for Policy Studies, which Thatcher jointly founded.
"She developed all the winning arguments of our time - free markets, low tax, a small state, independence, individuality, self-determination. The result was a revolution in economic policy and three election victories in a row."
(Read More: Kudlow: Margaret Thatcher, Freedom, and Free Markets)
Johnson's "small state" beliefs came through in his upcoming interview with CNBC Meets, in which he said Londoners needed more philanthropy rather than higher taxes.
"Taxpayers are very, very hard pushed and I've tried to bear down on taxes," Johnson said.
"We have people for whom their rent is a huge proportion of their income, their transport costs are a huge proportion of their income. It is very, very tough to take more money from them to pay for things that are good in society."
However, Tony Travers, a professor of government at the London School of Economics, described Johnson as more of a "classic conservative," holding similar economic views to Mrs. Thatcher, but with more of the paternalism of traditional conservatism.
"He believes in a smaller state, lower taxes, and he is mildly euro skeptic. He, Osborne and Cameron have that in common: they're social and economic liberals, recognizable as conservatives from the 1950s and 1960s," said Travers.
Rumors continue to circulate that the flamboyant and high profile politician will make a bid to lead the Conservative Party, although his second term as London Mayor will not end until 2016. Johnson denied the possibility however, when asked by CNBC Meets's Tania Bryer.
"I think most sensible people, who know enough about British politics, know that I am jolly lucky to be Mayor - let alone anything else - and that is what I'm going to focus on," Johnson said. "I was very lucky to be elected Mayor. I've got a massive amount to do, I've got a solemn duty, which I love and is my work, to get the Olympic legacy done."