Economics for Everyone: Exploring the Doughnut Model with Andrew FanningAndrea hosts Andrew Fanning so as to delve into the transformative principles of doughnut economics. Andrew discusses the impactful work of Kate Raworth and their work together at the Doughnut Economics Action Lab (DEAL), focusing on the need to shift from traditional 20th-century economic models to a more holistic approach that prioritizes sustainability and social equity. This episode explores why economics matters, how the doughnut model redefines economic goals, and the importance of visualizing data to inspire change. Andrew also shares his personal journey into ecological economics and the critical research he leads in reshaping our understanding of global economic systems.#ecological #economics #donut #doughnuteconomics #kateraworth #andrewfanning #andreahiott00:00 Introduction and Excitement00:21 Understanding the Doughnut Model00:57 21st Century Economics vs. Traditional Models02:31 Circular Flow Model and Its Limitations06:10 Ecological Economics and Herman Daly's Influence22:36 The Doughnut's Visual Framework31:06 Challenges and Future Directions36:46 Diving into Ecological Economics37:11 Understanding the Difference: Ecological vs. Environmental Economics14:16 Personal Journey: From Economics to Ecological Economics41:03 Cultural Influences and Early Life Experiences45:31 Academic Pursuits and Discovering Ecological Economics50:12 The Impact of Ecological Economics50:45 Career Path and Contributions to Ecological Economics01:01:46 The Role of Visualization in Ecological Economics01:10:55 Final Thoughts and ReflectionsThe 7 principles of doughnut economics: https://pg-online.leeds.ac.uk/blogs/what-is-doughnut-economics/Compensation for Atmospheric Appropriation with Jason Hickel:https://www.nature.com/articles/s41893-023-01130-8Kate Raworth: https://en.wikipedia.org/wiki/Kate_RaworthThe Doughnut Economics Book: https://www.amazon.com/Doughnut-Economics-Seven-21st-Century-Economist/dp/1603586741Good Life for All: https://goodlife.leeds.ac.uk/national-snapshots/countries/Tipping Point Podcast: https://tippingpoint-podcast.com/Doughnut Economic Action Lab (DEAL): https://doughnuteconomics.org/Eleanor Ostrom: https://www.nobelprize.org/prizes/economic-sciences/2009/ostrom/facts/Rachel Carson: https://www.womenshistory.org/education-resources/biographies/rachel-carsonHerman Daly: https://en.wikipedia.org/wiki/Herman_DalyEconomics of Coming Spaceship Earth paper: http://arachnid.biosci.utexas.edu/courses/THOC/Readings/Boulding_SpaceshipEarth.pdf This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit desirableunknown.substack.com