Doughnut Economics

In Doughnut Economics, Oxford academic Kate Raworth presents a groundbreaking alternative to the conventional economic paradigms that have dominated for decades. Amidst unforeseen financial crises, staggering wealth inequality, and relentless environmental pressures, Raworth invites readers to rethink fundamental aspects of the economy. This timely book identifies the shortcomings of traditional economic thinking and introduces a bold new perspective designed to meet the challenges of the 21st century.

The book constructs its arguments around seven key principles challenging obsolete models, such as the fallacy of 'rational economic man' and the unsustainable lure of perpetual growth. Instead, Raworth proposes an economic model shaped like a doughnut - illustrating a balanced space where human needs are met without degrading our planet.

Structured thoughtfully, the book walks the reader through the pitfalls of status-quo economics and inspires with examples of innovative thinking. Raworth argues for building a future that caters both to human wellbeing and ecological sustainability. Framing economics within the context of modern challenges, she critiques current policies and provides actionable insights on how to develop an economy that benefits everyone.

This invigorating work is not just a critique; it’s a call to action for economists, policymakers, business leaders, and engaged citizens to collectively build an economy that serves humanity rather than exploiting it.

Doughnut Economics has been widely recognised for its daring vision and significant scholarly contribution:

The Sunday Times Bestseller
A Financial Times and Forbes Book of the Year
Winner of the Transmission Prize 2018
Longlisted for the FT/McKinsey Business Book of the Year Award 2017

Prominent voices have praised the book:

"The John Maynard Keynes of the 21st century." - George Monbiot, Guardian

"This is sharp, significant scholarship . . . Thrilling." - Times Higher Education

"Raworth's magnum opus . . . A fascinating reminder to business leaders and economists alike to stand back at a distance to examine our modern economics." - Books of the Year, Forbes

"There are some really important economic and political thinkers around at the moment - such as Kate Raworth's Doughnut Economics." - Andrew Marr, Guardian

"An admirable attempt to broaden the horizons of economic thinking." - Martin Wolf, Books of the Year, Financial Times

"A compelling and timely intervention." - Caroline Lucas MP, Books of the Year, The Ecologist

Doughnut Economics is a crucial read for anyone who is invested in the future of our global society and our planet. It prompts a transformative dialogue on economic reform and offers a conceptual framework that blends pragmatism with idealism—charting a course towards a regenerative and distributive economy that can thrive within the planet’s ecological limits.