Doughnut Economics

Seven Ways to Think Like a 21st-Century Economist

By: Kate Raworth

Narrated by: Kate Raworth

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 Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year.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

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)

crucial book for this decade of needed change.

crucial book for this decade of needed change.
The explanation of the history of económics explain the addiction of GDP growth and the logic of the economy needed for the next millenium creates a powerful case

Engaging

Well researched and thought provoking. The author seemingly leaves no stone unturned whilst remaining engaging throughout the book.

#gamechanger

I need to re-listen to this book, it's most definitely worth it and there are ever new facets to be discovered.

Inspiring and enlightening

The book gives a solid and enlightening introduction to circular economics, Donut economics. Challenging economics and present view on our life and society, and gives us options for a different way of organizing society.

Amazing and inspirering

Loved it, and it is very inspirering! strongly recommend it if you feel a bit overwhelmed by the state of the world and can't find comfort I. the traditional economic viewpoints.

A must read for anyone interested in sustainability

A wonderful review of economic thinking and where it all went wrong. Puts economics in a new light, helping to reader to see how new economic thinking can be part of the solution. Made me eager to want to learn more.

Idealistic, provocative and preachy

Listened to it twice just to really get the hang it. Idealistic, provocative and preachy. Will follow the movement, not yet a fan.

Fresh and fine

Nice and novel thoughts that come in handy while facing the future and current challenges.

Must read for every Economist who wants to understand the bigger picture

Kate does not only explains her idea of the donut economy but also takes the big works of the most famous economist’s and supports with lots of logic and reason the heavy hard fact that infinite grows is not possible but a disaster which most of us starting to realize.
We all need to support this view in our daily conversations and try to influence our politicians to change there thinking.
Time to act is limited, let’s get started!

Must read

I liked how this book challenges economic orthodoxy and places the environment in a central part of the the discussion.

Kate Loves economics and explains her arguments clearly and completely. While I am not sold on every argument from my perspective as an African reader living in Africa. For instance we can’t necessarily afford to pursue Green growth industrial policy, I am nonetheless happy to have read this book.

I found many ideas to pursue and examine further and my effort reading this book has not been wasted. Reading it in 2022 has also allowed me the chance to evaluate whether it stood the test of time. It did.