Top Highlights

• invisible, delayed, gradual and distant: four characteristics that our heuristic decision tools are infamously bad at handling well.
• side effects—just effects,’ he says, pointing out that the very notion of side effects is just ‘a sign that the boundaries of our mental models are too narrow, our time horizons too short’.
• “What if it were possible to live well without trashing the planet? Doughnut Economics succinctly captures this tantalising possibility and takes up its challenge.
• Meanwhile, the world has become extraordinarily unequal: as of 2015, the world’s richest 1 percent now own more wealth than all the other 99 percent put together.
• Every year, around five million college students in the United States alone graduate with at least one economics course under their belts.