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Buddhist Economics: An Enlightened Approach to the Dismal Science

Category: Book
By (author): Brown, Clair
Subject:  BUSINESS & ECONOMICS / Economics / General
  PHILOSOPHY / Buddhist
  PHILOSOPHY / Ethics & Moral Philosophy
  POLITICAL SCIENCE / Political Process / General
Audience: general/trade
Publisher: Bloomsbury
Published: February 2017
Format: Book-hardcover
Pages: 224
Size: 8.25in x 5.51in
Our Price:
$ 34.00
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Additional Notes

From The Publisher*Traditional economics measures the ways in which we spend our income, and doesn't attribute worth to the crucial human interactions that give our lives meaning. Clair Brown, an economist at UC Berkeley and a practicing Buddhist, has developed a holistic model, one based on the notion that quality of life should be measured by more than national income. Brown advocates an approach to organizing the economy that embraces, rather than skirts, questions of values, sustainability, and inequality. Complementing the award-winning work of Paul Krugman and Jeffrey Sachs, and the paradigm-breaking spirit of Thomas Piketty and Amartya Sen, Brown incorporates the Buddhist emphasis on interconnectedness, capability, and happiness into her vision for a sustainable and compassionate world. Buddhist economics leads us to think mindfully as we go about our daily activities, and offers a way to appreciate how our actions affect the welfare of those around us. By replacing the endless cycle of desire with more positive collective priorities, our lives can become more meaningful as well as happier. Inspired by the popular seminar course Brown developed for UC Berkeley that has garnered international attention, Buddhist Economics represents an enlightened approach to our modern world infused with ancient wisdom, with benefits both personal and global, for generations to come.
Review Quote*This book will both shake up one's worldview and help calm one's agitated soul. It's a reminder that 'economics' is infinitely more interesting than the reductionist kind we teach in universities, and that 'religion' has far more to offer our everyday lives than we sometimes imagine." - Bill McKibben "An important and provocative book about where conventional economics goes wrong. As Clair Brown masterfully shows, a new and more sensible economics would focus on a sustainable environment, shared prosperity, and interdependence. Instead of being a dismal science, economics should be an inspiring story of how we can work together to improve the quality of life for all." - Robert B. Reich, Chancellor's Professor of Public Policy, University of California at Berkeley, and author of SAVING CAPITALISM "Clair Brown's Buddhist Economics will inspire people to seek a better and wiser use of society's know-how and resources. While mainstream economics takes people's desires and motivations as a given, Buddhist economics calls on us to deepen our lives and those of others through the active cultivation of mindfulness, compassion, and recognition of our interdependence with others and with nature. Brown declares her goal to 'expand the dialogue among people around the world who seek meaningful lives for all.' In this she succeeds splendidly. Her book will give a big boost and guidance for all those who seek peace, fairness, and environmental sustainability." - Jeffrey D. Sachs, Special Advisor to the UN Secretary-General on the Sustainable Development Goals, and author of THE END OF POVERTY "A long, long time ago Adam Smith demonstrated that the economy would work pretty well if everyone were selfish. But Clair Brown has done considerably better. Her perceptive, interesting, fun book, Buddhist Economics , demonstrates that we could be so much more well off in many different ways, if, instead, we were just nice. This book has important messages for everyone. I hope that it will be read by all economists, and also by everyone else." - George Akerlof, Nobel Laureate in Economics, 2001 "In her revolutionary and urgently needed Buddhist Economics , Clair Brown relies on the ancient principles of Buddhism - interdependence, compassion, mindfulness - to illuminate how to meet the great economic and social problems of today - climate change and income inequality. This brilliant and beautifully argued book will not only change how you think about the most pressing problems that concern us all, it will inspire you to paths of action that lead to those problems' solutions. This is a game-changing read." - Dacher Keltner, author of THE POWER PARADOX "
Biographical NoteClair Brown is a professor of economics and director of the Center for Work, Technology, and Society at the University of California, Berkeley. An economist focusing on work and economic justice, she is a past director of the Institute of International Relations at Berkeley, and chair of the Committee on Education Policy of the UCB Academic Senate. She lives in Richmond, CA.