A new economic paradigm

Markets built for humans, by humans.

A radically better way to understand how economies work — and how to make them work for everyone. Built on 21st-century science. Developed with leading economists, political scientists, and policymakers across four continents.

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Read the core ideas ↓

"The economy isn't a natural object that follows fixed laws. It's something we make — which means we can remake it."

— Eric Beinhocker & Nick Hanauer, Markets Built for Humans

The shift

From the old story to the new one

The ten principles

A new common sense for the economy

  • 01

    The purpose of the economy is human flourishing

  • 02

    Cooperation drives prosperity

  • 03

    Economies evolve — they can't be reduced to formulas

  • 04

    Markets are the most powerful problem-solving system we have

  • 05

    Value means solving real problems for real people

  • 06

    Fairness and inclusion are sources of growth, not costs

  • 07

    Prosperity means better lives, not bigger numbers

  • 08

    Markets and government are partners, not enemies

  • 09

    Power shapes who gets what — democratic power matters

  • 10

    Success reflects luck and design as much as merit

Read the full case in 45 minutes.

The booklet is free. No login, no email required. A short, readable guide to the paradigm that's replacing neoliberalism — written for policymakers, leaders, and anyone who cares about what comes next.

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The Authors

Not just two guys with opinions.

Between them, four decades of work at the intersection of economics, science, policy, and business — plus a global network of collaborators who have stress-tested these ideas.

  • Eric Beinhocker

    Professor, Oxford's Blavatnik School of Government
    Executive Director, INET Oxford

    Author of The Origin of Wealth (Harvard Business School Press), cited by Alan Greenspan, Larry Summers, and Bill Gates. Adviser to governments and international institutions across three decades of research on how economies actually evolve.

    INET Oxford | Blavatnik School | McKinsey Global Institute

  • Nick Hanauer

    Founder, Civic Ventures
    Co-host, Pitchfork Economics podcast

    Seattle entrepreneur and early investor in Amazon. One of the country's most prominent voices for a new economics — TED talks on inequality viewed over 5 million times, essays in The Atlantic, Harvard Business Review, and Politico. Architect of multiple state-level minimum wage campaigns.

    Civic Ventures | Pitchfork Economics | Democracy Alliance

Get involved

Paradigms shift when networks move.

The ideas in this booklet will only matter if they spread. Here's how you can help, depending on who you are.

  • SHARE IT

    Download and send to anyone open to a better account of how economies work.

  • USE IT

    The framework is built for policy translation. The Middle Out Center can help apply it in your context.

  • SAY IT PUBLICLY

    The most powerful validators are business leaders willing to say the old model is wrong.

  • USE THE FRAMEWORK

    Borrow from it. We'll connect you with researchers for comment on any dimension of this work.

  • Academics

    ENDORSE AND TEACH

    Free print copies for university courses. Every public endorsement makes the next one easier.

  • Funders

    PARTNER WITH US

    The best investments in paradigm change come before the paradigm has already changed.