Why it's time for 'Doughnut Economics'

Kate Raworth
TEDx, 2014

Level: beginner

Perspective:	Other
Topic:	Reflection of Economics
Format:	Lecture
Duration:	00:16:52
Link:	https://www.youtube.com/watch?v=1BHOflzxPjI

Kate Raworth gives a crash course in economics with a twist. Find out yourself what the diagram of households and firms does not show:

The economy is embedded in the environment.
Unpaid caring work is almost completely ignored by economics.
A lot of value created is not monetarized or measured in GDP.
For a lot of people, wages stagnate. Power is missing in the analysis.

Go to: Why it's time for 'Doughnut Economics'

Tags: critique of neoclassical economics | environment | mainstream critique | microeconomics | microfoundation | social and environmental change | teaching | teaching material