by Kate Raworth
and overseas development assistance (ODA), 198–200
and taxation, 277
power, 91–92
pre-analytic vision, 21–2
prescription medicines, 123
price-takers, 132
prices, 81, 118–23, 131, 160
Principles of Economics (Mankiw), 34
Principles of Economics (Marshall), 17, 98
Principles of Political Economy (Mill), 288
ProComposto, 226
Propaganda (Bernays), 107
public relations, 107, 281
public spending v. investment, 276
public–private patents, 195
Putnam, Robert, 76–7
Q
quantitative easing (QE), 184–5
Quebec, 281
Quesnay, François, 16, 73
R
Rabot, Ghent, 236
Rancière, Romain, 172
rating and review systems, 105
rational economic man, 94–103, 109, 111, 112, 126, 282
Reagan, Ronald, 67
reciprocity, 103–6, 117, 118, 123
reflexivity of markets, 144
reinforcing feedback loops, 138–41, 148, 250, 271
relative decoupling, 259
renewable energy
biomass energy, 118, 221
and circular economy, 221, 224, 226, 235, 238–9, 274
and commons, 83, 85, 185, 187–8, 192, 203, 264
geothermal energy, 221
and green growth, 257, 260, 263, 264, 267
hydropower, 118, 260, 263
pricing, 118
solar energy, see solar energy
wave energy, 221
wind energy, 75, 118, 196, 202–3, 221, 233, 239, 260, 263
rentier sector, 180, 183, 184
reregulation, 82, 87, 269
resource flows, 175
resource-intensive lifestyles, 46
Rethinking Economics, 289
Reynebeau, Guy, 237
Ricardo, David, 67, 68, 73, 89, 250
Richardson, Katherine, 53
Rifkin, Jeremy, 83, 264–5
Rise and Fall of the Great Powers, The (Kennedy), 279
risk, 112, 113–14
Robbins, Lionel, 34
Robinson, James, 86
Robinson, Joan, 142
robots, 191–5, 237, 258, 278
Rockefeller Foundation, 135
Rockford, Illinois, 179–80
Rockström, Johan, 48, 55
Roddick, Anita, 232–4
Rogoff, Kenneth, 271, 280
Roman Catholic Church, 15, 19
Rombo, Tanzania, 190
Rome, Ancient, 13, 48, 154
Romney, Mitt, 92
Roosevelt, Franklin Delano, 37
rooted membership, 190
Rostow, Walt, 248–50, 254, 257, 267–70, 284
Ruddick, Will, 185
rule of thumb, 113–14
Ruskin, John, 42, 223
Russia, 200
rust belt, 90, 239
S
S curve, 251–6
Sainsbury’s, 56
Samuelson, Paul, 17–21, 24–5, 38, 62–7, 70, 74, 84, 91, 92, 93, 262, 290–91
Sandel, Michael, 41, 120–21
Sanergy, 226
sanitation, 5, 51, 59
Santa Fe, California, 213
Santinagar, West Bengal, 178
São Paolo, Brazil, 281
Sarkozy, Nicolas, 43
Saumweder, Philipp, 226
Scharmer, Otto, 115
Scholes, Myron, 100–101
Schumacher, Ernst Friedrich, 42, 142
Schumpeter, Joseph, 21
Schwartz, Shalom, 107–9
Schwarzenegger, Arnold, 163, 167, 204
‘Science and Complexity’ (Weaver), 136
Scotland, 57
Seaman, David, 187
Seattle, Washington, 217
second machine age, 258
Second World War (1939–45), 18, 37, 70, 170
secular stagnation, 256
self-interest, 28, 68, 96–7, 99–100, 102–3
Selfish Society, The (Gerhardt), 283
Sen, Amartya, 43
Shakespeare, William, 61–3, 67, 93
shale gas, 264, 269
Shang Dynasty, 48
shareholders, 82, 88, 189, 191, 227, 234, 273, 292
sharing economy, 264
Sheraton Hotel, Boston, 3
Siegen, Germany, 290
Silicon Valley, 231
Simon, Julian, 70
Sinclair, Upton, 255
Sismondi, Jean, 42
slavery, 33, 77, 161
Slovenia, 177
Small Is Beautiful (Schumacher), 42
smart phones, 85
Smith, Adam, 33, 57, 67, 68, 73, 78–9, 81, 96–7, 103–4, 128, 133, 160, 181, 250
social capital, 76–7, 122, 125, 172
social contract, 120, 125
social foundation, 10, 11, 44, 45, 49, 51, 58, 77, 174, 200, 254, 295–6
social media, 83, 281
Social Progress Index, 280
social pyramid, 166
society, 76–7
solar energy, 59, 75, 111, 118, 187–8, 190
circular economy, 221, 222, 223, 224, 226–7, 239
commons, 203
zero-energy buildings, 217
zero-marginal-cost revolution, 84
Solow, Robert, 135, 150, 262–3
Soros, George, 144
South Africa, 56, 177, 214, 216
South Korea, 90, 168
South Sea Bubble (1720), 145
Soviet Union (1922–91), 37, 67, 161, 279
Spain, 211, 238, 256
Spirit Level, The (Wilkinson & Pickett), 171
Sraffa, Piero, 148
St Gallen, Switzerland, 186
Stages of Economic Growth, The (Rostow), 248–50, 254
stakeholder finance, 190
Standish, Russell, 147
state, 28, 33, 69–70, 78, 82, 160, 176, 180, 182–4, 188
and commons, 85, 93, 197, 237
and market, 84–6, 200, 281
partner state, 197, 237–9
and robots, 195
stationary state, 250
Steffen, Will, 46, 48
Sterman, John, 66, 143, 152–4
Steuart, James, 33
Stiglitz, Joseph, 43, 111, 196
stocks and flows, 138–41, 143, 144, 152
sub-prime mortgages, 141
Success to the Successful, 148, 149, 151, 166
Sugarscape, 150–51
Summers, Larry, 256
Sumner, Andy, 165
Sundrop Farms, 224–6
Sunstein, Cass, 112
supply and demand, 28, 132–6, 143, 253
supply chains, 10
Sweden, 6, 255, 275, 281
swishing, 264
Switzerland, 42, 66, 80, 131, 186–7, 275
T
Tableau économique (Quesnay), 16
tabula rasa, 20, 25, 63, 291
takarangi, 54
Tanzania, 121, 190, 202
tar sands, 264, 269
taxation, 78, 111, 165, 170, 176, 177, 237–8, 276–9
annual wealth tax, 200
environment, 213–14, 215
global carbon tax, 201
global financial transactions tax, 201, 235
land-value tax, 73, 149, 180
non-renewable resources, 193, 237–8, 278–9
People’s QE, 185
tax relief v. tax justice, 23, 276–7
TED (Technology, Entertainment, Design), 202, 258
Tempest, The (Shakespeare), 61, 63, 93
Texas, United States, 120
Thailand, 90, 200
Thaler, Richard, 112
Thatcher, Margaret, 67, 69, 76
Theory of Moral Sentiments (Smith), 96
Thompson, Edward Palmer, 180
3D printing, 83–4, 192, 198, 231, 2
64
thriving-in-balance, 54–7, 62
tiered pricing, 213–14
Tigray, Ethiopia, 226
time banking, 186
Titmuss, Richard, 118–19
Toffler, Alvin, 12, 80
Togo, 231, 292
Torekes, 236–7
Torras, Mariano, 209
Torvalds, Linus, 231
trade, 62, 68–9, 70, 89–90
trade unions, 82, 176, 189
trademarks, 195, 204
Transatlantic Trade and Investment Partnership (TTIP), 92
transport, 59
trickle-down economics, 111, 170
Triodos, 235
Turkey, 200
Tversky, Amos, 111
Twain, Mark, 178–9
U
Uganda, 118, 125
Ulanowicz, Robert, 175
Ultimatum Game, 105, 117
unemployment, 36, 37, 276, 277–9
United Kingdom
Big Bang (1986), 87
blood donation, 118
carbon dioxide emissions, 260
free trade, 90
global material footprints, 211
money creation, 182
MONIAC (Monetary National Income Analogue Computer), 64–5, 75, 142, 262
New Economics Foundation, 278, 283
poverty, 165, 166
prescription medicines, 123
wages, 188
United Nations, 55, 198, 204, 255, 258, 279
G77 bloc, 55
Human Development Index, 9, 279
Sustainable Development Goals, 24, 45
United States
American Economic Association meeting (2015), 3
blood donation, 118
carbon dioxide emissions, 260
Congress, 36
Council of Economic Advisers, 6, 37
Earning by Learning, 120
Econ 101 course, 8, 77
Exxon Valdez oil spill (1989), 9
Federal Reserve, 87, 145, 146, 271, 282
free trade, 90
Glass–Steagall Act (1933), 87
greenhouse gas emissions, 153
global material footprint, 211
gross national product (GNP), 36–40
inequality, 170, 171
land-value tax, 73, 149, 180
political funding, 91–2, 171
poverty, 165, 166
productivity and employment, 193
rust belt, 90, 239
Transatlantic Trade and Investment Partnership (TTIP), 92
wages, 188
universal basic income, 200
University of Berkeley, 116
University of Denver, 160
urbanisation, 58–9
utility, 35, 98, 133
V
values, 6, 23, 34, 35, 42, 117, 118, 121, 123–6
altruism, 100, 104
anthropocentric, 115
extrinsic, 115
fluid, 28, 102, 106–9
and networks, 110–11, 117, 118, 123, 124–6
and nudging, 112, 113, 114, 123–6
and pricing, 81, 120–23
Veblen, Thorstein, 82, 109, 111, 142
Venice, 195
verbal framing, 23
Verhulst, Pierre, 252
Victor, Peter, 270
Viner, Jacob, 34
virtuous cycles, 138, 148
visual framing, 23
Vitruvian Man, 13–14
Volkswagen, 215–16
W
Wacharia, John, 186
Wall Street, 149, 234, 273
Wallich, Henry, 282
Walras, Léon, 131, 132, 133–4, 137
Ward, Barbara, 53
Warr, Benjamin, 263
water, 5, 9, 45, 46, 51, 54, 59, 79, 213–14
wave energy, 221
Ways of Seeing (Berger), 12, 281
Wealth of Nations, The (Smith), 74, 78, 96, 104
wealth ownership, 177–82
Weaver, Warren, 135–6
weightless economy, 261–2
WEIRD (Western, educated, industrialised, rich, democratic), 103–5, 110, 112, 115, 117, 282
West Bengal, India, 124, 178
West, Darrell, 171–2
wetlands, 7
whale hunting, 106
Wiedmann, Tommy, 210
Wikipedia, 82, 223
Wilkinson, Richard, 171
win–win trade, 62, 68, 89
wind energy, 75, 118, 196, 202–3, 221, 233, 239, 260, 263
Wizard of Oz, The, 241
Woelab, 231, 293
Wolf, Martin, 183, 266
women’s rights, 33, 57, 107, 160, 201
and core economy, 69, 79–81
education, 57, 124, 178, 198
and land ownership, 178
see also gender equality
workers’ rights, 88, 91, 269
World 3 model, 154–5
World Bank, 6, 41, 119, 164, 168, 171, 206, 255, 258
World No Tobacco Day, 124
World Trade Organization, 6, 89
worldview, 22, 54, 115
X
xenophobia, 266, 277, 286
Xenophon, 4, 32, 56–7, 160
Y
Yandle, Bruce, 208
Yang, Yuan, 1–3, 289–90
yin yang, 54
Yousafzai, Malala, 124
YouTube, 192
Yunnan, China, 56
Z
Zambia, 10
Zanzibar, 9
Zara, 276
Zeitvorsoge, 186–7
zero environmental impact, 217–18, 238, 241
zero-hour contracts, 88
zero-humans-required production, 192
zero-interest loans, 183
zero-marginal-cost revolution, 84, 191, 264
zero-waste manufacturing, 227
Zinn, Howard, 77
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Copyright © Kate Raworth 2017
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First published by Random House Business Books in 2017
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