Title: Engineering, Ethics and Doughnut Economics

Author(s): Nick Hales

Publication Event: Publication of Newsletter Volume 32 Nos 1 - Feb 2024

Publication Date: 2024-02-07

Resouce URL: https://scsc.uk/r3294.pdf

Abstract:

Nick Hales introduces ?Doughnut Economics?, a relatively new economic model that is intended to address the gulf between the preoccupations of mainstream economic theory, which relies on growth economics to address developmental issues, and the growing real-world crises such as global inequality and climate change with disrupters like Artificial Intelligence (AI) making the landscape ever more complex. Nick goes on to suggest a modification to recognise that greater cooperation is required amongst the underdeveloped, developing and developed nations.