![]() There have been extraordinary strides in human well-being over the past 60 years. To change something, build a new model that makes the existing model obsolete.’ In the decades ahead, the task for economic thinkers in the 21st century is to practise these 7 ideas and potentially innovate the list. As Buckminster Fuller once said, ‘You never change things by fighting the existing reality. However, it lays out ideas that are fundamental to developing the revolutionary economic mindset that this century demands. The concept of doughnut economics doesn’t lay out specific policy prescriptions or institutional fixes, nor does it offer immediate solutions. Moving beyond the myths of ‘rational economic man’ and unlimited growth, Doughnut Economics zeroes in on the sweet spot: a system that meets all our needs without exhausting the planet. In Doughnut Economics, Oxford academic Kate Raworth lays out the 7 deadly mistakes of economics and offers a radical re-envisioning of the system that has brought us to the point of ruin. ![]()
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