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

"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 Pity then - or more like disaster - that its fundamental ideas are centuries out of date, but still dominate decision-making for the future.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 re-thinkers. 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."