There’s no doubt that this planet is under pressure – but where is that pressure coming from? Who or what has driven three planetary boundaries to be breached, and caused the stress to be rising on many others? This 9 minute video dives into the extraordinary inequalities of resource use – within and between countries … Read more
If you like trying to fit square pegs in round holes, you’ll love this little challenge. Can we (that’s humanity I’m talking about) figure out how to use Earth’s resources sustainably while ending poverty and extreme inequality at the same time – and achieve both of these in a world with a growing global population … Read more
The UK’s new Secretary of State for International Development, Justine Greening, must be on a steep learning curve in deciding how to take forward the UK’s approach to tackling global poverty. Word has it that staff at DFID have put just one book in her welcome pack: Getting Better by Charles Kenny of the Center for … Read more
I recently ruined an economist’s morning lie-in, and for that much I am sorry. Over at aidthoughts.org, Matt Collin read my blogpost on vandalizing economics textbooks and he got very annoyed. Why? Because I shared the view of many leading economic thinkers and critiqued this diagram, central to macroeconomics, for ignoring the environment, the unpaid … Read more
Get ready to join the world’s first guerrilla campaign to rewrite economics. The only weapon you need is a pencil…here’s why. When I studied economics at university twenty years ago, the concept of The Circular Flow of Money and Goods was the gateway to understanding macroeconomics – and it still is. It shows how households … Read more
Everyone agrees: we have to get beyond GDP. Yes, yes, but enough talk – let’s get this train moving. Some say we should forget GDP and jump straight to measuring well-being. I agree well-being measures are needed, but the economic description of the world is never going to go away, so rather than push it … Read more
Welcome to the very first blog on Doughnut Economics. I’ll be using this space to explore how to rethink economics and equity in the 21st century, through the lens of planetary boundaries and social boundaries – aka the Doughnut. If you’re wondering, ‘Doughnut, what doughnut?’, then here’s a 4 minute video to give you the … Read more