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Doughnut Economics

Seven Ways to Think Like a 21st-Century Economist

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Doughnut Economics

By: Kate Raworth
Narrated by: Kate Raworth
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About this listen

Random House presents the audiobook edition of Doughnut Economics written and read by Kate Raworth.

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 Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year.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.

Longlisted for the Financial Times & McKinsey Business Book of the Year Award 2017

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio on our desktop site.

©2017 Kate Raworth (P)2017 Random House Audiobooks
Economics International Macroeconomics Theory Inspiring Capitalism Thought-Provoking Business Socialism US Economy Taxation Economic Inequality

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Critic reviews

"The John Maynard Keynes of the 21st century." (George Monbiot, The Guardian)
"This is sharp, significant scholarship.... Thrilling." ( Times Higher Education)
"A really important economic and political thinker." (Andrew Marr)
All stars
Most relevant
.... critical and constructive analysis of the world around us. Proof that economics is an ideology not a science.

Essential...

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very much enjoyed this book for its refreshing views throughout. Having studied economics myself, I found myself sometimes on the fence if status quo is completely off but it certainly requires deeper changes to fix the direction we're heading for.

The big question is still the 'how', as most examples given in the book are quite niche (for now) and the real task is how to change the system considering time is running out.

Inspiring thoughts for change

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a new way of thinking economically for the future of our planet and a better way forward for our societies.

Time for a rethink

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A much needed and very interesting contribution to new thinking within the area of economics. All areas of science are evolving rapidly, while economists seems to be stuck with old theories. Kate Raworth has some bold ideas that needs to be explored further if we are to move towards a more sustainable world. Very refreshing read!

An economist for a new era

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I began this knowing nothing about economics. My eyes have been opened. Now I'm hopefull.

probably the most important book of the century.

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