by Kate Raworth
Raworth proposes a new economic model - the 'doughnut' bounded by a social floor and an ecological ceiling - and argues mainstream economics must shed its obsession with GDP growth, rational-actor assumptions, and equilibrium. She synthesizes systems thinking, behavioural economics, and ecological science into seven mindset shifts for a regenerative, distributive economy.
In this collection, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist references 4 other books.
It draws on Thinking in Systems, Thinking, Fast and Slow and Nudge.
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The books Raworth references and why each one mattered to the argument.
Raworth credits Donella Meadows' Thinking in Systems with transforming her view of economics and builds her feedback-loop and leverage-point framework directly on Meadows' systems-dynamics approach
Raworth cites Kahneman's work on cognitive biases to demolish the 'rational economic man' caricature, arguing economics must be rebuilt around System 1 thinking and bounded rationality
Raworth engages with Thaler and Sunstein's Nudge literature to argue choice architecture and social norms should replace the assumption of perfectly self-interested maximizers
Raworth builds on the Acemoglu-Robinson institutional analysis in Why Nations Fail to argue that economic outcomes are shaped by political choices about rules, not natural laws
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Books with the highest citation overlap within the same categories.
Automating Inequality: How High-Tech Tools Profile, Police, and Punish the Poor
Virginia Eubanks
3 shared citationsAtomic Habits
James Clear
2 shared citations
Thinking in Bets
Annie Duke
2 shared citations
Upstream
Dan Heath
2 shared citations
Misbehaving
Richard Thaler
2 shared citationsScarcity
Sendhil Mullainathan
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