Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

Author:   Kate Raworth
Publisher:   Chelsea Green Publishing Co
ISBN:  

9781603587969


Pages:   320
Publication Date:   29 March 2018
Format:   Paperback
Availability:   In Print   Availability explained
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Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist


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Author:   Kate Raworth
Publisher:   Chelsea Green Publishing Co
Imprint:   Chelsea Green Publishing Co
Dimensions:   Width: 15.30cm , Height: 2.60cm , Length: 22.90cm
Weight:   0.481kg
ISBN:  

9781603587969


ISBN 10:   1603587969
Pages:   320
Publication Date:   29 March 2018
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Who 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

Reviews

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 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 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 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 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 Publishers Weekly- This sharp, insightful call for a shift in thinking from economist Raworth posits that a long-overdue intellectual revolution has finally begun. According to her, the established model of economic thought no longer satisfies economics students, who are calling out for change; the education they're receiving is out of pace with current economic realities. To formulate a better model, Raworth reversed the way she'd previously looked at economics. Rather than relying on established truisms, she laid out long-term goals for humankind and worked to figure out how economic thinking would allow us to achieve them. The result is a diagram consisting of a series of rings around a hollow center--the titular doughnut. Raworth places a 'safe and just space for humanity' in a ring between a social foundation and an ecological ceiling, leaving human deprivation and planetary degradation, respectively, in the doughnut 'hole' and outside the doughnut. The plan to move forward consists of seven ideas, such as shifting the goal of economists from addressing financial to humanitarian concerns, recognizing ecology as a significant factor in economic growth, responsibly redistributing wealth, and so on. This is a highly optimistic look at the global economy, and Raworth's energetic, layperson-friendly writing makes her concept accessible as well as intriguing.


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 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 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 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 [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 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 An admirable attempt to broaden the horizons of economic thinking. --Financial Times, Martin Wolf, Best Books of 2017: Economics 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 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 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 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 Publishers Weekly- This sharp, insightful call for a shift in thinking from economist Raworth posits that a long-overdue intellectual revolution has finally begun. According to her, the established model of economic thought no longer satisfies economics students, who are calling out for change; the education they're receiving is out of pace with current economic realities. To formulate a better model, Raworth reversed the way she'd previously looked at economics. Rather than relying on established truisms, she laid out long-term goals for humankind and worked to figure out how economic thinking would allow us to achieve them. The result is a diagram consisting of a series of rings around a hollow center--the titular doughnut. Raworth places a 'safe and just space for humanity' in a ring between a social foundation and an ecological ceiling, leaving human deprivation and planetary degradation, respectively, in the doughnut 'hole' and outside the doughnut. The plan to move forward consists of seven ideas, such as shifting the goal of economists from addressing financial to humanitarian concerns, recognizing ecology as a significant factor in economic growth, responsibly redistributing wealth, and so on. This is a highly optimistic look at the global economy, and Raworth's energetic, layperson-friendly writing makes her concept accessible as well as intriguing.


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 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 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 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 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 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 [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 An admirable attempt to broaden the horizons of economic thinking. --Financial Times, Martin Wolf, Best Books of 2017: Economics 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


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 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 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 [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 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 An admirable attempt to broaden the horizons of economic thinking. --Financial Times, Martin Wolf, Best Books of 2017: Economics 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 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 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


Author Information

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.

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