Amsterdam is embracing an ecological approach to their economy by looking at it as if it’s a doughnut. Of course, it’s not a literal snack they are using, it’s a metaphor to visualize how different aspects of life interact with each other in an economic model. Classical economic models assume
Continue readingTag: doughnut
Things Are Good: The Future of Economics is a Doughnut
Economists have focussed on just one thing for the last hundred years or so: making money. That might sound fine, but classically these economists have ignored the societal and environmental costs of their proposed money making schemes. Their willful ignorance has unleashed climate change on us all, and that’s precisely
Continue reading