Economics matters. Its theories are the mother tongue of public policy, the rationale for multi-billion-dollar investments, and the tools we use to tackle global poverty and manage our planetary home. Pity then or more like disaster that its fundamental ideas are centuries out of date, but still dominate decision-making for the future. Instead of criticising the past, this book takes the long view forwards, identifying seven insights to help the twenty-first-century economist bring humanity into the global sweet spot (shaped like a doughnut) that combines human prosperity with ecological sustainability. Doughnut Economics hand-picks the best emergent ideas ranging from ecological, feminist, behavioural, and institutional economics to complexity thinking, systems dynamics, and Earth-systems science to reveal the insights of eclectic economic rethinkers. It promises that the economic future will be fascinating, but wildly unlike the past, if we equip ourselves with the mindset needed to take it on.
Doughnut Economics shows how to ensure dignity and prosperity for all people. * Huffington Post * Great stuff. -- Caroline Lucas MP, Co-Leader of the Green Party A book you will need to know about . . . Kate writes beautifully . . . If only 10% of the ideas get implemented, the world will be a much better place. -- World Bank blog As Kate Raworth's well-received Doughnut Economics makes clear . . . we have to enter a new age of thought, of communication, of politics. -- Natalie Bennett * The Ecologist * A sharp, insightful call for a shift in thinking . . . Raworth's energetic, layperson-friendly writing makes her concept accessible as well as intriguing. * Publishers Weekly * Kate Raworth, formerly of Oxfam, shows that the undulations of equality and justice are really very profound . . . [Her] aim is to adjust human use of the processes of planetary dynamics so that the overall outcome of development is survival in peace, health, prosperity and companionship. * British Academy Review * Proposes a new economic model - one that embeds the human economy within the natural world and within society, rather than being distinct from either. * The Ecologist * An innovative vision about how we could refocus away from growth to thriving. * Daily Mail * A brand new way of conceptualising economic development without being tied to infinite growth . . . A useful idea. * Guardian * There are some really important economic and political thinkers around at the moment - such as Kate Raworth's Doughnut Economics . . . I get the sense that a major period of new thinking and political creativity is coming. -- Andrew Marr An admirable attempt to broaden the horizons of economic thinking. -- Martin Wolf, Summer Reads * Financial Times * This is sharp, significant scholarship . . . Thrilling. * Times Higher Education * Another look at measuring growth . . . Raworth makes several key suggestions for reform. * MoneyWeek * At last - an economic model that won't destroy the planet . . . I see [Raworth] as the John Maynard Keynes of the 21st Century: by reframing the economy, she allows us to change our view of who we are, where we stand, and what we want to be. -- George Monbiot * Guardian * A new book by the economist Kate Raworth . . . asks some simple and pertinent questions. Why do we tax employment, through payroll taxes, but not the use of such scarce resources as fresh water, the Earth's minerals, wood and soil? Her biggest question, however, is one that terrifies all mainstream economists: is growth' endless? -- Andrew Marr * Spectator * Judiciously combining history, theory, anecdotes and diagrams, [Raworth] provides a narrative that is easy to follow . . . Worthwhile and challenging. * Frontline * An eminently sane and important book. * Caught by the River * We need different ways to enable us to achieve deep ecological, social, economic and cultural sustainability . . . [Doughnut Economics offers] a concept for how we can bring about such transformative change, and fast. * Newsroom * A compact synthesis of modern heterodoxy. * Guardian * [Reveals] the huge hold in the standard economic model . . . [Doughnut Economics] offers a mountaintop view of the world. * Knowledge@Wharton - The Journal of Wharton Business School * Kate Raworth, in Doughnut Economics, makes the case for a new economic model that pays more attention to human and environmental pressures. -- Andrew Hill, FT/McKinsey Business Book Award Longlist * Financial Times *