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Of paradigms and power

British economic policy making since Thatcher

Bibliographic Data

ID6264397
AuthorsMartin B Carstensen (0000-0002-0432-1632, Copenhagen Business School), Matthias Matthijs (0000-0001-8628-745X, Johns Hopkins University)
Year2018
Volume31
Issue3
Pages431-447
Publication date2018-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueGovernance (JOURNAL)
Journal identifiersISSN: 0952-1895 • E-ISSN: 1468-0491
PublisherWiley (PUBLISHER • GB)
DOI10.1111/gove.12301
OpenAlexW2716741859
LanguageEN
Citations received55
References cited42

How do ruling policy paradigms persist over time and why do they often undergo significant internal ideational changes? While the impact of Peter Hall's approach to policy paradigms on the study of governance has been immense, there is a burgeoning consensus that a “Kuhnian” understanding of paradigms makes punctuated equilibrium style shifts the only game in town. While Hall's approach can account for inter‐paradigm change with reference to exogenous shocks, it does not allow for significant ideational shifts to occur intra‐paradigm. To remedy this, we place ideational power dynamics at the heart of the study of policy paradigms. We demonstrate the general applicability of our approach by examining the evolution of British macroeconomic policy‐making since 1990. We show how key policy‐makers were able to employ their institutional and ideational power to reinterpret and redefine the dominant neoliberal understanding of the economy to match their own specific ideas and policy priorities

Economic history · Economic power · Economics · Policy making · Political economy · Political science · Politics · Power (physics · Housing, Finance, and Neoliberalism · Law · Political and Economic history of UK and US · Public Administration · Social Policy and Reform Studies

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Unique citing works55
Citations per year6,88
Citation span2018 - 2026 (9)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 55

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