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donut

Kate Raworth, a senior research associate at Oxford University and senior associate at the Cambridge Institute for Sustainability Leadership, wants to challenge the old ways of thinking about economics and develop sustainable new patterns for economic growth. In her book, Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist, Raworth encourages careful consideration of measurements beyond the standard gross domestic product metric. Thoughtful economic planning, in her view, should include health and well-being, the environment and other factors important to quality of life. She spoke with Knowledge@Wharton about her “doughnut” view of  more holistic economic distribution, and why it holds so much benefit for the future.