Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist

by Kate Raworth

First, reframe the purpose of taxes to help build social consensus for the kind of higher-tax,

Second, end the extraordinary injustice of tax loopholes, offshore havens, profit shifting, and special exemptions

Third, shifting both personal and corporate taxation away from taxing income streams and towards taxing accumulated wealth

five simple acts that are proven to promote well-being: connecting to the people around us, being active in our bodies, taking notice of the world, learning new skills, and giving to others.

The twenty-first-century task is clear: to create economies that promote human prosperity in a flourishing web of life, so that we can thrive in balance within the Doughnut’s safe and just space.

So don’t let anyone try to wipe your slate clean: draw on its rich bank of experience as a personal reference point for sense-checking the economic theories that are put before you

draw the change you want to see in the world too. By combining the well-known power of verbal framing with the hidden power of visual framing, we can give ourselves a far better chance of writing a new economic story