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This content was posted on  6 Jun 19  by   Kate Raworth  on  Website
Everyone else! The Winners of the 8th Way to Think Like a 21st Century Economist

Back in January, Rethinking Economics and Doughnut Economics got together and launched a competition based on the ‘seven ways to think like a 21st century economist’ set out in Kate Raworth’s book Doughnut Economics. The challenge that we threw down was this:

We’ve been amazed and delighted to receive over 250 entries across three categories – schools, universities, and everyone else – covering a very wide range of themes. And we have been sent a brilliant array of ideas, perspectives, formats and presentations – from text, drawings, audio, and video, to animations, cartoons, prezis, and more.

In other words, we’ve been bowled over by the response. So here’s a very big thank you to everyone who has entered and shared their ideas so generously and creatively. Over the last two days, we have announced our fabulous winners in the School Student and University Student categories – do check them out.

Today we are delighted to announce the winners of the ‘Everyone Else’ category. We want to thank and congratulate everyone who entered the competition – we were really impressed and inspired by the conviction inherent in the ideas you submitted, and the brilliant ways you shared them. We hope that every one of you will keep on rethinking economics to help make it fit for the century ahead.

As for our winners – here’s goes, with a big drum roll……!

FIRST PLACE: ‘From Business Case to Systems Case: Make Better Decisions’ by – Camila Pestana, Abha Lakhotia, Kate Watson, Ann Main, Johanna Hofmann, Marlies Wisse, Nicol Mayr, and Tom Rippin.

Our judges say:
Very well-presented and sensible (and much needed) focus on systems thinking – Steve Keen

Changing our decision making processes to take a systems perspective is important – Eric Beinhocker

Good idea and execution – the challenge is introducing the systemic incentives to adopt this approach! – Indy Johar

Really essential look at the systemic issue behind a lot of the social and ecological problems we see today. Thank you! – Ross Cathcart


Three Runners up (in alphabetical order)

RUNNER-UP: ‘Changing the purpose of money’ by Jan Kubben

Our judges say:

That money is designed and can be redesigned has to be one of the great messages of our time, and you tell it beautifully here – Kate Raworth

Technology gives us the means to re-imagine currency – and money. An interesting subject in real need of a radical shake-up! – Indy Johar

Clear, effective, engaging and hopefully achievable! A very impressive entry to the competition – Ross Cathcart


RUNNER-UP: ‘Radical Transparency’ by Anna Murphy (Project Heather)

Our judges say:

There is currently very little transparency through supply chains to the consequences of decisions we make, more transparency would certainly have an impact, and this entry effectively argues for that – Eric Beinhocker

Love this idea, and the audio presentation of it – congratulations – Kate Raworth

A good governance frame to drive equitable economies. Congratulations – Indy Johar


RUNNER-UP: ‘Time matters: Acknowledging comprehensive well-being’ by Jorge Rosales-Salas
Read the entry here

Our judges say:

Time is our ultimate budget constraint, yet it is little taken into account in either economics or theories of well-being – Eric Beinhocker

Time as tool of equality, an area too often under presented in economics! Thank you! – Indy Johar

Time is the ultimate constraint! Something too often overlooked in a world with a ticking ecological clock – Ross Cathcart


So congratulations to all our winners – now let’s get to work turning these ideas into reality.

Tomorrow (Friday 7th June) we’ll be turning all the submissions for this competition into a fantabulous collaboration, so look out for a brilliant ecosystemic celebration of all of the ideas submitted!….

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