The Pictures Matter
May. 30th, 2022 09:32 pmDec 2021
Doughnut Economics - Kate Raworth – Random House Business Books, 2017
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It is evident from the subtitle - "how to think like a twenty-first century economist" - that this is an attempt to update the Dismal Science for the concerns and priorities of the new century. It is something of a mixed success. As an iconoclastic attack on the scientistic models and assumptions that underlie traditional economics it is generally brilliant, with well-argued and evidence-supported lines of reasoning that should give even its most ardent proponents pause for thought. The proposed alternatives, however, have a certain element of woo, and seem to me to be based on ideas that are, at best, unproven.
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