{"id":34872,"date":"2018-06-07T06:34:33","date_gmt":"2018-06-07T11:34:33","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34872"},"modified":"2018-06-07T06:34:33","modified_gmt":"2018-06-07T11:34:33","slug":"seven-ways-to-think-like-a-twenty-first-century-economist","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34872","title":{"rendered":"Seven Ways to Think Like a Twenty-First-Century Economist"},"content":{"rendered":"<header class=\"post-image\">\n<div class=\"fimg-wrapper fimg-cl\">\n<div class=\"featured-image\">\n<div class=\"fimg-inner\">\n<div class=\"vm-wrapper\">\n<div class=\"vm-middle\">\n<h3 class=\"post-title\"><a href=\"https:\/\/www.resilience.org\/stories\/2018-06-07\/seven-ways-to-think-like-a-twenty-first-century-economist\/\">Seven Ways to Think Like a Twenty-First-Century Economist<\/a><\/h3>\n<\/div>\n<\/div>\n<div class=\"backstretch\"><img decoding=\"async\" src=\"https:\/\/www.resilience.org\/wp-content\/uploads\/2018\/06\/The-Doughnut.jpg\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n<section class=\"post-content\">\n<div class=\"et_social_inline et_social_mobile_on et_social_inline_top\">\n<div class=\"et_social_networks et_social_6col et_social_simple et_social_rectangle et_social_top et_social_no_animation et_social_outer_light\"><\/div>\n<\/div>\n<p><em><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3471962\" src=\"https:\/\/www.resilience.org\/wp-content\/uploads\/2018\/06\/DoughnutEconomics_pb-cover_hires-e1528363605482.jpg\" alt=\"\" width=\"300\" height=\"450\" \/>This excerpt has been adapted from Kate Raworth\u2019s book <\/em>Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist <em>(Chelsea Green, 2017) and is printed with permission from the publisher. Now available in paperback and audio. <\/em><\/p>\n<p><strong>Seven Ways to Think Like a Twenty-First-Century Economist <\/strong><\/p>\n<p>Whether you consider yourself an economic veteran or novice, now is the time to uncover the economic graffiti that lingers in all of our minds and, if you don\u2019t like what you find, scrub it out; or, better still, paint it over with new images that far better serve our needs and times. The rest of this book proposes seven ways to think like a twenty-first-century economist, revealing for each of those seven ways the spurious image that has occupied our minds, how it came to be so powerful and the damaging influence it has had. But the time for mere critique is past, which is why the focus here is on creating new images that capture the essential principles to guide us now. The diagrams in this book aim to summarise that leap from old to new economic thinking. Taken together, they set out\u2014quite literally\u2014a new big picture for the twenty-first-century economist. So here is a whirlwind tour of the ideas and images at the heart of Doughnut Economics.<\/p>\n<p><strong>First, change the goal. <\/strong>For over 70 years, economics has been fixated on GDP, or national output, as its primary measure of progress. That fixation has been used to justify extreme inequalities of income and wealth coupled with unprecedented destruction of the living world. For the twenty-first century, a far bigger goal is needed: meeting the human rights of every person within the means of our life-giving planet. And that goal is encapsulated in the concept of the Doughnut.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Seven Ways to Think Like a Twenty-First-Century Economist This excerpt has been adapted from Kate Raworth\u2019s book Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist (Chelsea Green, 2017) and is printed with permission from the publisher. Now available in paperback and audio. Seven Ways to Think Like a Twenty-First-Century Economist Whether you consider [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[20404,353,16645,6665],"class_list":["post-34872","post","type-post","status-publish","format-standard","hentry","category-economics","tag-doughnut-economics","tag-gdp","tag-kate-raworth","tag-resilience-org"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34872"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34872\/revisions"}],"predecessor-version":[{"id":34873,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34872\/revisions\/34873"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}