7Making the paradigm real
Introduction
For a paradigm shift to occur there needs to be a wide recognition of growing unexplained anomalies. This precipitates a narrative shift of a majority of the policy-making community, resulting in a series of external policy changes that are first, second, and third order in nature, which are designed to realise and implement the narrative shift. Ardent Thatcherites in the 1970s and 1980s held to a clear ideological narrative that informed their actions and helped shape the nature of policies they sought to construct. Central bankers from the core states of the global economy went ...
