New Economic Schools of Thought — a concise overview (1)

3 min readMay 27, 2024

Exploring Economics and Governance in a New World (14)

In late 2023 I put together a concise Powerpoint overview of 14 different New Economic ‘schools of thought’ to provide initial insight and context regarding the history, main goal(s), prime constituencies, key messages, and high level challenges of different lines of new economic thinking that can be found in the field today and which can be a source of confusion when we talk about economic transformation.

The different lines or schools of thought covered included:

  1. Circular economy
  2. Regenerative economy
  3. Wellbeing economy
  4. Doughnut economy
  5. Post growth economy
  6. Degrowth economy
  7. Socio-ecological market economy
  8. Impact economy
  9. Purpose Economy
  10. Ecological economy
  11. Steady state economy
  12. Green economy
  13. Ubuntu ‘economy’ (Global South)
  14. Buen vivir economy (Global South)

The findings for the first set of 7 are included here below. The second set of 7 can be found here.

  1. Circular Economy

2. Regenerative Economy

3. Wellbeing Economy

4. Doughnut Economy

5. Post Growth Economy

6. Degrowth Economy

7. Socio-ecological Market Economy

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