Kate Raworth on Why Our Times Demand 'Doughnut Economics'

Kate Raworth's 2017 book 'Doughnut Economics' has become an international phenomenon by debunking the many half-truths of standard economics and offering a new framework for dealing with 21st Century realities. Her reconceptualization of the economy as a doughnut accents two vital concerns that economics often ignores -- the importance of meeting everyone’s basic human needs (the inner ring of the doughnut) and the importance of staying within the planet's ecological limits (the outer ring). Economics should not focus on market and state alone, says Raworth, but also on households and commons, and the trust, reciprocity, and creativity that they engender.