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fundamental ideas are centuries out of date yet are still taught in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