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. 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 this week’s episode, Jonesy and Ashto discover the 7 ways of thinking like a 21st-century economist. These ideas don't lay out specific policy prescriptions or institutional fixes, nor do they offer immediate solutions. However, these ideas are fundamental to developing the revolutionary economic mindset that this century demands. In the decades ahead, the task for economic thinkers in the 21st century is to practise these 7 ideas and potentially innovate the list.
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