Richard Douthwaite

In The Ecology of Money, published in 1999, he calls for different currencies for different purposes and for changes in the way money is put into circulation so that a stable, sustainable economy can be achieved. In 2003 he edited Before the Wells Run Dry, a study of the transition to renewable energy in the light of climate change and oil and gas depletion and in 2004 To Catch the Wind, a report on how communities can invest in wind energy.

In the 1994 European Parliament election he stood unsuccessfully as the Green Party candidate for the Connacht–Ulster constituency.

He acted as economic adviser to the Global Commons Institute (London) from 1993 to 2005 during which time GCI developed the "contraction and convergence" approach to dealing with greenhouse gas emissions which has now been backed by many countries. He then helped Feasta devise the "cap and share" framework for emissions reduction which may be adopted by the Irish government.

Douthwaite's first book, The Growth Illusion: How Economic Growth Enriched the Few, Impoverished the Many and Endangered the Planet was published in 1992 and was re-issued in an extended and up-dated second edition in 1999. It explores why the present economic system is dependent on economic growth and the effects that the resulting pursuit of growth has had on the environment and society. His other major book, Short Circuit (1996) gives dozens of examples of currency, banking, energy and food production systems which communities can use to make themselves less dependent on an increasingly unstable world economy.

Douthwaite studied engineering at the University of Leeds but failed to complete a degree, and later economics at the University of Essex. He was a masters student at the University of the West Indies, building two homes, and then built concrete boats at a cooperative in Port Antonio, Jamaica in the early 1970s. He spent two years as government statistician in the British Caribbean colony of Montserrat before moving to Ireland (near Westport) to write and campaign about climate and energy issues and local economic development. He set up and ran a leather crafts factory, later selling the business.

Richard Douthwaite (6 August 1942 – 14 November 2011) was a British economist, ecologist, campaigner and writer living in Ireland. He died of cancer at his home near Westport, Co. Mayo aged 69.