The word ‘economics’ was coined by the philosopher Xenophon in Ancient Greece. Combining oikos meaning household with nomos meaning rules or norms, h… - Kate Raworth

Economics is the mother tongue of public policy,

Here’s the conundrum: No country has ever ended human deprivation without a growing economy. And no country has ever ended ecological degradation with one.

Below the Doughnut’s social foundation lie shortfalls in human well-being, faced by those who lack life’s essentials such as food, education and housing. Beyond the ecological ceiling lies an overshoot of pressure on Earth’s life-giving systems, such as through climate change, ocean acidification and chemical pollution. But between these two sets of boundaries lies a sweet spot — shaped unmistakably like a doughnut — that is both an ecologically safe and socially just space for humanity. The twenty-first-century task is an unprecedented one: to bring all of humanity into that safe and just space.