Doughnut economics :

Select an Action

Title :

Doughnut economics : seven ways to think like a 21st century economist / Kate Raworth.

Title:

Doughnut economics :

Varying Form of Title:

7 ways to think like a 21st century economist

Author:

Raworth, Kate

Format:

Books

Physical Description:

309 pages : illustrations ; 23 cm

ISBN:

9781603586740

9781603587969

Production / Publication Information:

White River Junction, Vermont : Chelsea Green Publishing, [2017]

Contents:

Who wants to be an economist? -- Change the goal : from GDP to the doughnut -- See the big picture : from self-contained market to embedded economy -- Nurture human nature : from rational economic man to social adaptable humans -- Get savvy with systems : from mechanical equilibrium to dynamic complexity -- Design to distribute : from "growth will even it up again" to distributive by design -- Create to regenerate : from "growth will clean it up again" to regenerative by design -- Be agnostic about growth : from growth addicted to growth agnostic -- We are all economists now -- Appendix : The doughnut and its data.

Summary:

Raworth 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.

Bibliography note:

Includes bibliographical references (pages 259-296) and index.

Language:

English

Subject Term:

Economics -- History.

Economics.

Economic development.

Sustainable development.

BUSINESS & ECONOMICS -- Development -- Sustainable Development.

BUSINESS & ECONOMICS -- Economics -- Macroeconomics.

BUSINESS & ECONOMICS -- Environmental Economics.

POLITICAL SCIENCE -- Globalization.

POLITICAL SCIENCE -- Public Policy -- Economic Policy.

Holds: Copies:

Available:*

Material Type	Library	Call Number	Item Barcode	Location
Book	Searching... Andover - Memorial Hall Library	330 RAW	31330008257333	Searching... Unknown
Book	Searching... Chelmsford Public Library	330/RAWO	31480010957592	Searching... Unknown
Book	Searching... Georgetown Peabody Library	330 RAWORTH	32120001297769	Searching... Unknown
Book	Searching... Ipswich Public Library	330 RAWORTH	32122002583213	Searching... Unknown
Book	Searching... Middleton - Flint Public Library	330 RAWORTH	32126001550032	Searching... Unknown

Bound With These Titles

On Order

Summary

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 peop≤ 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 (2)

Publisher's Weekly Review

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. (May) © Copyright PWxyz, LLC. All rights reserved.

Choice Review

To be effectively critical, it helps to be an insider and, at a bare minimum, to know what you are talking about. As the "alternative facts" piled up (e.g., Samuelson did not invent the circular flow and Knight did not believe in homo economicus), this reviewer became convinced Raworth did not know enough about the history of economics. To be effectively critical, it makes sense to woo your audience, a la Keynes's "long struggle of escape," but Raworth paints a picture of economics as mindless, worthless, and without any redeeming qualities or content. So, yes, for non-experts who know that neoliberal economics has lost its way, this is a fine book. Its airy, flippant prose matches the superficial engagement with ideas, and the faithful will welcome hearing that economics is bankrupt. But make no mistake--this book is most certainly not an effective criticism of modern economics. Its impact on economics will be vanishingly small. Summing Up: Not recommended. --Humberto Barreto, DePauw University

Who Wants to be an Economist?	p. 1
1 Change the Goal: from GDP to the Doughnut	p. 27
2 See the Big Picture: from self-contained market to embedded economy	p. 53
3 Nurture Human Nature: from rational economic man to social adaptable humans	p. 81
4 Get Savvy with Systems: from mechanical equilibrium to dynamic complexity	p. 111
5 Design to Distribute: from 'growth will even it up again' to distributive by design	p. 139
6 Create to Regenerate: from 'growth will clean it up again to regenerative by design	p. 175
7 Be Agnostic about Growth: from growth addicted to growth agnostic	p. 207
We Are All Economists Now	p. 243
Acknowledgements	p. 251
Appendix: The Doughnut and Its Data	p. 254
Notes	p. 259
Bibliography	p. 286
Image Credits	p. 297
Index	p. 298

Available:*

Bound With These Titles

On Order

Summary

Summary

Reviews (2)

Publisher's Weekly Review

Choice Review

Table of Contents