Economics matters. Its theories are the mother tongue of public policy, the rationale for multi-billion-dollar investments, and the tools we use to tackle global poverty and manage our planetary home. Pity then – or more like disaster – that its fundamental ideas are centuries out of date, but still dominate decision-making for the future. Instead of criticising the past, this book takes the long view forwards, identifying seven insights to help the twenty-first-century economist bring humanity into the global sweet spot (shaped like a doughnut) that combines human prosperity with ecological sustainability.
The Department of International Development is proud to be hosting Kate Raworth (@KateRaworth), Senior Visiting Research Associate at Oxford University’s Environmental Change Institute and Senior Associate of the Cambridge Institute for Sustainability Leadership, as well as the author of Doughnut Economics, Seven Ways to Think Like a 21st Century Economist.
Kate will present her book that dares to take on the mainstream economics establishment with a radical rewrite of 200 years of theory. Using humour and metaphor, but always deeply grounded in the theory itself she offers a new model for a green, fair and thriving global economy. It promises that the economic future will be fascinating, but wildly unlike the past, if we equip ourselves with the mindset needed to take it on.
Oriana Bandiera is Professor of Economics, LSE.
Duncan Green (@fp2p) is Senior Strategic Advisor at Oxfam UK and Professor in Practice at LSE. He is the author of the From Poverty to Power blog and How Change Happens.
The Department of International Development (@LSE_ID) promotes interdisciplinary post-graduate teaching and research on processes of social, political and economic development and change.
Twitter Hashtag for this event: #LSEdoughnut