Doughnut Economics, Kate Raworth
Doughnut Economics, Kate Raworth
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Doughnut Economics
Seven Ways to Think Like a 21st-Century Economist

Author: Kate Raworth

Narrator: Kate Raworth

Unabridged: 10 hr 49 min

Format: Digital Audiobook Download

Published: 11/30/2017

Includes: Bonus Material Bonus Material Included


Synopsis

A Financial Times "Best Book of 2017: Economics”

800-CEO-Read “Best Business Book of 2017: Current Events & Public Affairs”

Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times.

Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.

That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design.

Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like.

Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow?

Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Reviews

Goodreads review by Riku on January 05, 2021

Economics runs on images. The language of economics is built upon the iconic imagery of supply and demand curves, circular flow models, GDP growth curves and IS-LM models. Raworth seeks to change the language of economics. How? By changing the fundamental images that define economic models. So what a......more

Goodreads review by Kevin on December 01, 2024

Confronting 21st century crises with revolutionary reforms… Highlights: --I have high standards for this topic (21st century economics); this accessible overview may one day reach my “bedtime stories” status (not joking): -Talking to My Daughter About the Economy: or, How Capitalism Works—and How It F......more

Goodreads review by Emil on January 16, 2018

I am not an economist but have been in business for 25 years and regularly enjoy reading business and economic texts. I started reading this book with interest, looking forward to discovering some new, thought provoking ideas. However, I found the book annoying and one sided in its analysis. The key......more

Goodreads review by Otto on May 13, 2018

Doughnut Economics is a really cute title. It is unfortunately not the only cringeworthy aspect of this book. Kate Raworth's ambitious fairytale for adults encompasses Life, the Universe and Everything. It warns against ecological and economic overshoot but itself overshoots in its wide-eyed claims......more

Goodreads review by Prerna on June 04, 2021

Economics today is very disappointing, at least the way it's taught in academic settings certainly is and this bothered Kate Raworth - so much that she walked away from it. Raworth thinks of economics as a way to manage our 'planetary household' and so she set out to reconstruct its language and rei......more