Around 40 percent of the world’s agricultural land is now seriously degraded, and by 2025 two out of three people worldwide will live in water-stress… - Kate Raworth

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Around 40 percent of the world’s agricultural land is now seriously degraded, and by 2025 two out of three people worldwide will live in water-stressed regions.

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About Kate Raworth

Kate Raworth (1970-) is an English economist, known for her 'doughnut economics' model balancing between essential human needs and planetary boundaries.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Arbeid & Milieu (CC BY)

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What if every company strategised around a Doughnut table, asking itself: is our brand a Doughnut brand, whose core business helps to bring humanity into that safe and just space? Imagine if the G20 finance ministers — representing the world’s most powerful economies — met around a Doughnut-shaped conference table to discuss how to design a global financial system that served to bring humanity into that sweet spot. These would be world-changing conversations.

argues the evolutionary psychologist Gerd Gigerenzer: we have survived and thrived not despite our cognitive biases but because of them. These so-called biases are the underpinnings of our heuristics, the unconscious mental shortcuts we take every time we use a ‘rule of thumb’ to make decisions. Over millennia, the human brain has evolved to rely on quick decision-making tools in a fast-moving and uncertain world, and in many contexts those heuristics lead us to make better decisions than exact calculations would do.

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Despite their current rhetoric of ‘free trade’, when it comes to trade negotiations almost all of today’s high-income countries — including the UK and the United States — took the opposite route to ensure their own industrial success, opting for tariff protection, industrial subsidies and state-owned enterprises when it was nationally advantageous. And today they still keep tight control over their key traded assets such as intellectual property.

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