Doughnut Economics

Brought to you by Penguin.Economics is broken. It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures.Can it be fixed? In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet. En route, she deconstructs the character of 'rational economic man' and explains what really makes us tick. She reveals how an obsession with equilibrium has left economists helpless when facing the boom and bust of the real-world economy. She highlights the dangers of ignoring the role of energy and nature's resources - and the far-reaching implications for economic growth when we take them into account. And in the process, she creates a new, cutting-edge economic model that is fit for the 21st century - one in which a doughnut-shaped compass points the way to human progress.Ambitious, radical and rigorously argued, Doughnut Economics promises to reframe and redraw the future of economics for a new generation.Includes a supplementary PDF of graphs and diagrams.The Sunday Times bestsellerLonglisted for the Financial Times & McKinsey Business Book of the Year Award 2017'The John Maynard Keynes of the 21st century.' George Monbiot, Guardian'This is sharp, significant scholarship . . . Thrilling.' Times Higher Education'A really important economic and political thinker.' Andrew Marr'An innovative vision about how we could refocus away from growth to thriving.' Daily Mail'An admirable attempt to broaden the horizons of economic thinking.' Martin Wolf, Financial Times

Brought to you by Penguin.Economics is broken. It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures.Can it be fixed? In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet. En route, she deconstructs the character of 'rational economic man' and explains what really makes us tick. She reveals how an obsession with equilibrium has left economists helpless when facing the boom and bust of the real-world economy. She highlights the dangers of ignoring the role of energy and nature's resources - and the far-reaching implications for economic growth when we take them into account. And in the process, she creates a new, cutting-edge economic model that is fit for the 21st century - one in which a doughnut-shaped compass points the way to human progress.Ambitious, radical and rigorously argued, Doughnut Economics promises to reframe and redraw the future of economics for a new generation.Includes a supplementary PDF of graphs and diagrams.The Sunday Times bestsellerLonglisted for the Financial Times & McKinsey Business Book of the Year Award 2017'The John Maynard Keynes of the 21st century.' George Monbiot, Guardian'This is sharp, significant scholarship . . . Thrilling.' Times Higher Education'A really important economic and political thinker.' Andrew Marr'An innovative vision about how we could refocus away from growth to thriving.' Daily Mail'An admirable attempt to broaden the horizons of economic thinking.' Martin Wolf, Financial Times

Vores økonomi er ødelagt og planeten betaler prisen. Det er af et de gennemgående budskaber i ”Doughtnut Economics” af økonomiforsker fra Oxford, Kate Raworth. Uforudsete finansielle kriser, ekstrem global ulighed og et kolossalt pres på jordens ressourcer. Kan vi blive ved sådan her, og findes der et alternativ? Kate Raworth fra Oxford Universitet udlægger i "Doughnut Economics" syv essentielle fejl i den globale økonomi. I bogen giver Kate Raworth også et radikalt og visionært bud på en bedre fremtid. Hun går væk fra myten om det rationelle økonomiske menneske og tanken om den uendelige vækst, og fokuserer i stedet på en gylden middelvej. Et system, hvor menneskets behov bliver opfyldt uden at overbelaste kloden.

Vores økonomi er ødelagt og planeten betaler prisen. Det er af et de gennemgående budskaber i ”Doughtnut Economics” af økonomiforsker fra Oxford, Kate Raworth. Uforudsete finansielle kriser, ekstrem global ulighed og et kolossalt pres på jordens ressourcer. Kan vi blive ved sådan her, og findes der et alternativ? Kate Raworth fra Oxford Universitet udlægger i "Doughnut Economics" syv essentielle fejl i den globale økonomi. I bogen giver Kate Raworth også et radikalt og visionært bud på en bedre fremtid. Hun går væk fra myten om det rationelle økonomiske menneske og tanken om den uendelige vækst, og fokuserer i stedet på en gylden middelvej. Et system, hvor menneskets behov bliver opfyldt uden at overbelaste kloden.

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 21 st 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.

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 21 st 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.