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

Written by: Kate Raworth
Narrated by: Kate Raworth
Length: 10 hrs and 49 mins
Categories: Business & Money, Commerce
4.5 out of 5 stars (10 ratings)

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Publisher's Summary

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Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike.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.

©2017 Kate Raworth (P)2017 Chelsea Green Publishing

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exactly what you need to hear

loved it! I'm greatful for economists like Kate who are being the real superheroes of our planet.

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  • Patrick G
  • 2018-04-05

Thought Provoking

Very thought provoking with her unique approach to modern day economics. Some areas seem a bit idealistic, but interesting nonetheless. Definitely recommend this read!

3 of 3 people found this review helpful

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  • B. Landis
  • 2018-02-28

Finally, some sanity

I've never been able to stomach reading economics, because it seemed insane to me. Everything I'd seen required me to pretend that the Earth was limitless. I'm refreshed to find an economic text that addresses this issue, as well as human flourishing, in it's pages.

2 of 2 people found this review helpful

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  • PimpMacDaddyBoy
  • 2019-01-30

Worth Listening to if You Are Interested in Economics, Social Welfare, Development, or Environmental Policy

I felt like the book started out a bit slow, but it was definitely interesting once it started flowing.

At times, it seemed like there was a lot of information being relayed without anything really being said. However, overall there were plenty of important points being made.

The data, studies, and views mentioned are great for challenging what has become accepted as “the way things are done,” and more work like this will be crucial to balancing the world in the coming decades.

1 of 1 people found this review helpful

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  • Emilie Mesnier
  • 2019-06-16

Finally a book focused on a global solution

I have been worried about climate change, wealth inequalities (and the gap growing), rich countries exploiting poor ones, animal welfare, and the race to bigger companies, bigger economies, bigger profits (at all costs). it's been hard to engage in meaningful discussions with friends and acquaintances because I always felt I didn't have enough data on hand, and not a lot to propose as a potential solution. this book is the answer to all my wishes. so grateful someone spent their life studying these important issues, and took the time & effort to summarize it in a book. wow.

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  • Renate Ware
  • 2019-05-22

A must read for all humans

One of the most life changing books I've ever read. I can already tell you I'll be reading it multiple times.

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  • Amazon Customer
  • 2019-02-26

Intriguing viewpoint on sustainable economics

it was a refreshing take on what the aim for a striving economy should be

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  • Petri J.
  • 2019-02-20

Get to the point!

I will return this book because the author seems to talk about everything else but the seven ways to think like 21st-century economist. For example instead of just saying that the author created a diagram in the shape of a donut to illustrate the idea, the author goes to endless branches of description about images and why to use images and how images form in the brain and so on... these branches are completely unrelated to the topic of the book and offer endless hours of empty filler for subjects that everybody already knows.

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  • Shawn
  • 2019-02-14

How to Change Economics to Fix the Woy

Raworth argues that classical economics is wrong and if it were done correctly, we could fix many of the world's problems. She is very persuasive, but it seems she is fighting an uphill battle. She reads her book like an audio artist, and she has a great accent.

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  • say_hi_to_zippy
  • 2019-01-27

Visionary approach to economics

Our current mainstream economics is fundamentally flawed and it has caused unbelievable damage. We need this new approach to economics.

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  • Liz Lem
  • 2018-08-20

Healthy doughnut encounter!

When I recommend it to my friends the basic response is “ You had me at doughnuts but you lost me at economics.” The doughnut, even though it’s got a tasty name, is too complex for most people. I understand much of what she’s talking about because I spent my career in asset management. We need more people to understand economics and many more to understand it from a doughnut perspective. I wish she gave more examples of how to not just think but to act like a 21st Century economist. I would recommend this book to anyone who knows a little about economics, who is a progressive citizen and who wants humanity to live on a hospitable planet for centuries to come.