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Kate raworth's doughnut economics6/6/2023 ![]() ![]() ![]() The Doughnut is an attempt to provide such a compass. Nobel economists Amartya Sen and Joseph Stiglitz and 23 other leading economists concluded that "those attempting to guide the economy and our society are like pilots trying to steer a course without a reliable compass". It is normally represented by the Gross Domestic Product, despite the very partial picture this provides of the whole. She also reflects on the power of images.īy the end of the 1950s, output growth had become the overriding economic policy objective in industrial countries, with the concept of utility at its heart. Contents Who wants to be an Economist? įrom the frustrations of students who don't find the answers in their taught courses, Raworth recounts some of her own experiences, from university to working in Zambia, writing the Human Development Report at the UN and deciding to start by looking at economics by its goals rather than its mechanisms. ![]()
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