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Doughnut Economics: 7 Ways to Think Like a 21st Century Economist

by Kate Raworth

Here are some of my takeaways and favorite quotes:
  • “The twenty-first century task is clear: to create economies that promote human prosperity in a flourishing web of life so that we can thrive in balance within the Doughnut’s safe and just space. It starts with the recognition that every economy - local to global - is embedded within society and the living world…. That opens up the possibility of turning today’s divisive and degenerative economies into ones that are distributive and regenerative by design. And it invites us to become agnostic about growth, creating economies that enable us to thrive, whether or not they are growing.”
  • “The search for gain - which drives shareholder returns, speculative trading and interest-bearing loans - lodges dependency upon continual GDP growth deep within the financial system.”
  • “Unless we can achieve magical decoupling, we have an exponential function on a closed system planet… yet the finance system has no built-in plateau.” - John Fullterton
  • “The concept of Evergreen Direct Investing (EDI), which delivers acceptable and resilient financial returns from mature low and no-growth enterprises. Instead of paying profit based dividends to shareholders, the enterprise pays out a share of its income stream to investors in perpetuity.”
  • “The New Economics Foundation has distilled the findings down to five simple acts that are proven to promote well being: connecting to the people around us, being active in our bodies, taking notice of the world, learning new skills, and giving to others.”​

And of course, here's the doughnut:
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