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Seven ways to think like a 21st century economist

Economics matters enormously for the future, but its fundamental ideas are centuries out of date.

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KateRaworth2_0.jpg

Credit: https://www.kateraworth.com.

No one can deny it: economics matters. Its theories are the mother tongue of public policy, the rationale for multi-billion-dollar investments, and the tools used to tackle global poverty and manage our planetary home. Pity then that its fundamental ideas are centuries out of date yet still dominate decision-making for the future.