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its fundamental ideas are centuries out of date yet are still taught in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.