Doughnut Economics Video Club: five films on planetary thinking

The mission of the Doughnut Economics Video Club is to celebrate the smorgasbord of great online videos that feed (however circuitously) into rethinking economics. Last week featured four fab films on capitalism. This week, it’s time for planetary thinking. As Earth system scientist Will Steffen recently told me, if you really want to understand how … Read more

The Economic Vandal Strikes Back

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

Why it’s time to vandalize the economic textbooks

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