Author: Kate Raworth
Brief Info: English economist
Years Lived: 1970-
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Economics is essentially a question of design
Economics, it turns out, is not a matter of discovering laws: it is essentially a question of design.
From the book Doughnut Economics: 7 Ways to Think Like a 21st Century Economist
Managing our planetary household
The word ‘economics’ was coined by the philosopher Xenophon in Ancient Greece. Combining oikos meaning household with nomos meaning rules or norms, he invented the art of household management, and it could not be more relevant today. This century we need some pretty insightful managers to guide our planetary household, and ones who are ready to pay attention to the needs of all of its inhabitants.