Buddhist Economics

By Sam Mowe

The term “Buddhist economics” first appeared in E. F. Schumacher’s 1973 book, Small is Beautiful: Economics as if People Mattered. In her new book, Buddhist Economics: An Enlightened Approach to the Dismal Science, Clair Brown builds on Schumacher’s understanding of the term while focusing on what she sees as our two biggest economic challenges: global warming and inequality. The Buddhist…