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Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.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.
Show moreA 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Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.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.
Show moreWho wants to be an economist?
1. Change the goal
from endless growth to thriving in balance
2. See the big picture
from self-contained market to embedded
economy
3. Nurture human nature
from rational economic man to social adaptable
humans
4. Get savvy with systems
from mechanical equilibrium to dynamic complexity
5. Design to distribute
from ‘growth will even it up’ to distributive by
design
6. Create to regenerate
from ‘growth will clean it up’ to regenerative by
design
7. Be agnostic about growth
from growth as a must to growth as a maybe not
We are all economists now
Annex: The Doughnut and its data
Acknowledgements
Notes
Bibliography
Kate Raworth is a renegade economist focused on exploring the economic mindset needed to address the 21st century’s social and ecological challenges. She is a senior visiting research associate and advisory board member at Oxford University’s Environmental Change Institute and teaches in its masters program for Environmental Change and Management. She is also senior associate of the Cambridge Institute for Sustainability Leadership and a member of the Club of Rome. Over the past 20 years Raworth has been a senior researcher at Oxfam, a co-author of UNDP’s annual Human Development Reports and a fellow of the Overseas Development Institute, working in the villages of Zanzibar. She is also on the advisory board of the Stockholm School of Economics’ Global Challenges Programme and Anglia Ruskin University’s Global Resource Observatory. Kate lives in Oxford, England.
“I read this book with the excitement that the people of his day
must have read John Maynard Keynes’s General Theory. It is
brilliant, thrilling, and revolutionary. Drawing on a deep well of
learning, wisdom, and deep thinking, Kate Raworth has
comprehensively reframed and redrawn economics. It is entirely
accessible, even for people with no knowledge of the subject. I
believe that Doughnut Economics will change the world.”—George
Monbiot, author; columnist at The Guardian
“Raworth’s magnum opus. . . . A fascinating reminder to
business leaders and economists alike to stand back at a distance
to examine our modern economics."—Forbes, “Best Business Books of
2017”
“An admirable attempt to broaden the horizons of economic
thinking.”—Financial Times, Martin Wolf, “Best Books of 2017:
Economics”
“This is truly the book we’ve all been waiting for. Kate Raworth
provides the antidote to neoliberal economics with her radical and
ambitious vision of an economy in service to life. Given the
current state of the world, we need Doughnut Economics now more
than ever.”—L. Hunter Lovins, president and founder, Natural
Capitalism Solutions
“[A] sharp, insightful call for a shift in thinking . .
. Raworth’s energetic, layperson-friendly writing makes her
concept accessible as well as intriguing.”—Publishers Weekly
“Can anyone seriously suppose that today’s economic orthodoxies are
going to bring the world back from the brink of chaos? We need to
fundamentally rethink the way we create and distribute wealth, and
Kate Raworth’s Doughnut Economics provides an inspiring primer as
to how we must now set about that challenge. I hope it ushers in a
period of intense debate about the kind of economy we now so
urgently need.”—Jonathon Porritt, author of The World We Made;
founding director, Forum for the Future
“What if it were possible to live well without trashing the planet?
Doughnut Economics succinctly captures this tantalising possibility
and takes up its challenge. Brimming with creativity, Raworth
reclaims economics from the dust of academia and puts it to the
service of a better world.”—Tim Jackson, author of Prosperity
without Growth
“Not long ago, well-known development economist Kate Raworth’s
Doughnut graphic became an overnight sensation. Now this marvelous
book clearly and succinctly explains her re-envisioning of the
economy. On a bookshelf crowded with attempts to reframe economic
thinking and the way forward, this book stands
out—brilliantly.”—Juliet Schor, author of Plentitude
“Economics rightly is under the microscope. Kate Raworth’s
insightful Doughnut is what every budding economist should see
when they first peer down the lens.” —John Fullerton, founder and
president, Capital Institute
|
Ask a Question About this Product More... |
|
