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Kate Raworth: Doughnut Economics (2017, Random House Business Books) 4 stars

Review of 'Doughnut Economics' on 'Goodreads'

4 stars

Demands a reprioritization of our economic models to improve on climate change, quality of life, and general survival. It’s both a simple concept and an incredibly difficult arena to make headway in—mainly because of the uphill battle against greed and gluttony. To have a chance, Raworth thinks that a "mix of risk-savvy heuristics and behavioural nudges” will be key. I liked that her distributive and regenerative economy models regard inequality "as a failure of economic design”.

Some of the heuristics discussed are open source software for circular manufacturing, local complimentary currencies, an oath of ethics for economists, and live sustainability stats (she cites Oberlin College’s live energy stats of their community). This is an important book to bring necessary ideas and action to the forefront of discussion.