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

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  • Author(s): Raworth, Kate
  • Language:
  • Publication Information:
    White River Junction, Vermont : Chelsea Green Publishing, [2017]
  • Publication Date:
  • Physical Description:
    309 pages : illustrations ; 23 cm
  • Publication Type:
  • Document Type:
    Bibliographies; Non-fiction
  • Subject Terms:
  • Additional Information
    • Content Notes:
      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.
    • Notes:
      Includes bibliographical references (pages 259-296) and index.
    • ISBN:
      9781603586740 (hardcover)
      1603586741 (hardcover)
    • Accession Number:
    • Accession Number:
    • Accession Number:


PW Reviews 2017 March #2

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 2017 Publisher Weekly.