The Great Simplification with Nate Hagens

Kate Raworth: "The Superorganism V. The Doughnut"

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Jun 28, 2023
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ANECDOTE

Oh No, Aha Moments

  • Kate Raworth had an "oh no" moment studying economics in the 1990s, finding it lacked environmental focus.
  • She later had "aha" moments with planetary boundaries and systems thinking, leading her to write "Doughnut Economics."
INSIGHT

Resistance to Change

  • Mainstream economics is a self-contained system resistant to change, which hinders incorporating new paradigms like planetary boundaries.
  • New economic thinking often emerges outside traditional departments, driven by students seeking relevant tools for current realities.
INSIGHT

Visualizing Economics

  • Unlearning outdated economic models is crucial for adopting new perspectives.
  • Visual representations powerfully shape our understanding of the economy.
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