Clair Brown, Economist, Author of 'Buddhist Economics'

Apr 5, 2017 Episode Page ↗
Overview

Claire Brown, an economics professor at UC Berkeley, discusses her book "Buddhist Economics," exploring how Buddhist principles of kindness, altruism, and interdependence can reshape economic thought and individual consumption habits for greater well-being and sustainability.

At a Glance
15 Insights
41m 37s Duration
15 Topics
7 Concepts

Deep Dive Analysis

Introduction to Buddhist Economics and Claire Brown

Claire Brown's Journey to Becoming a Buddhist Economist

Paradigm Shift: Free Market vs. Buddhist Human Nature and Happiness

Reconciling Personal Consumption with Buddhist Economic Principles

Conscious Consumer Choices: Carbon Footprint and Ethical Impact

Individual Actions for a More Mindful and Sustainable Life

Simplifying Life and Prioritizing What Truly Matters

Vision for a Buddhist Economy in America: Addressing Inequality

Policy Solutions for Reducing Inequality and Improving Well-being

Decoupling the Economy from Fossil Fuels and Achieving Sustainability

Addressing Pushback from Free Market Economists

The Nature of Happiness: Hedonic vs. Meaningful Life

Government's Role in Sustainability and Global Challenges

Redefining Infrastructure and U.S. Global Competitiveness

Buddhist Perspectives on Human Nature and Practice

Free Market Economics Human Nature

This economic model assumes individuals are inherently selfish, egotistical, and primarily motivated by self-interest, focusing on consumption where 'more is always better.' It views economic interactions as a win-loss situation, with individuals competing for resources and gains.

Buddhist Economics Human Nature

This perspective posits that human nature is fundamentally kind and altruistic, with an 'inner Buddha' in everyone. It emphasizes interdependence among people and with nature, promoting compassion and a win-win approach where helping others also enhances one's own well-being.

Buddhist Economics Happiness

Happiness is derived not from shopping and consuming, but from helping other people, feeling connected to others, enjoying and helping nature, and creating a meaningful life. This contrasts with the free market's focus on material acquisition as the primary source of happiness.

Conscious Consumption

This practice involves being aware of the impact of one's purchases, considering whether they cause harm to people or the environment. It encourages consumers to think about the carbon footprint, ethical sourcing, and overall societal and ecological consequences of their choices.

Invidious Comparisons

A concept referring to social comparisons, often related to material possessions or lifestyle choices (like vacations), that create feelings of envy or inferiority. Buddhist economics suggests moving away from these competitive materialistic comparisons towards more thoughtful and mindful living.

Hedonic Happiness

This refers to short-term bursts of pleasure or euphoria, often derived from immediate gratification like making a purchase or winning. Studies show this type of happiness is fleeting, leading to a constant need for more to overcome pain or unhappiness.

Aristotelian Happiness

This concept describes a deeper, more lasting happiness achieved by creating a meaningful and worthy life, developing one's full potential, and contributing to a community. It contrasts with hedonic happiness by focusing on long-term fulfillment rather than transient pleasures.

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How did the idea for 'Buddhist Economics' originate?

The idea came to Claire Brown while teaching Econ One at UC Berkeley; she wondered how Buddha would teach introductory economics, considering the importance of income distribution, equity, and sustainability, which free market economics didn't adequately cover.

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What is the fundamental difference in human nature assumptions between free market and Buddhist economics?

Free market economics assumes people are selfish, egotistical, and driven by consumption, while Buddhist economics assumes human nature is kind, altruistic, and interdependent, with happiness derived from helping others and fostering connection.

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Does being a Buddhist mean giving up all material possessions and striving for success?

No, it means not harming others in the pursuit of success or material gain, and not getting attached to possessions or materialistic outcomes. The focus shifts to how one achieves success and whether it contributes to a meaningful life and helps others.

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What specific consumer choices can individuals make to align with Buddhist economic principles?

Individuals can reduce flying due to its carbon footprint, significantly cut down on beef and lamb consumption, buy less and make clothes last longer, and transition to clean electricity and electric vehicles while reducing overall energy use.

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How can busy individuals with limited time adopt Buddhist economic practices?

By buying less, life becomes simpler and frees up time. The key is to focus on what truly matters, learn to say 'no' to unimportant commitments, and prioritize activities that bring genuine enjoyment and connection, rather than feeling constantly stressed.

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What policies would a Buddhist economy implement to address inequality?

A Buddhist economy would implement policies like more progressive taxes, redirecting consumption from the rich to those in need, higher minimum wages, decent jobs, and restructuring workplaces to provide more time off for family and caregiving.

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What policies would a Buddhist economy implement to address global warming?

It would decouple the economy from fossil fuels, implement a carbon tax, stop subsidizing fossil fuel companies, cease investment in fossil fuel infrastructure, and actively promote and subsidize clean energy sources like wind and solar.

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How does a Buddhist economic perspective respond to the argument that people are inherently selfish and don't want government intervention?

It argues that studies show people are happier when helping others and in community, and while quick pleasures exist, lasting happiness comes from a meaningful life. For global warming, government intervention is deemed critical for planetary survival, and public-private partnerships have proven effective in addressing global issues like starvation.

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What is the Buddhist view on human nature regarding inherent goodness versus capacity for good and bad?

While some traditions emphasize an 'inner Buddha' or essential goodness, the broader Buddhist understanding, including Theravada, acknowledges that humans have the capacity for both wholesome and unwholesome urges. The practice involves taming negative urges and cultivating compassion, loving-kindness, and caring for others.

1. Practice Daily Meditation

Engage in daily meditation practice, as it can lead to a “terrific improvement” in one’s life by fostering compassion and connecting with an “inner Buddha” over time.

2. Embrace Altruism for Happiness

Shift your assumption about human nature from selfish to kind and altruistic, and actively help other people, as neuroscientists have shown this makes you happier and creates win-win situations.

3. Cultivate Meaningful Happiness

Seek meaningful happiness over your lifetime by creating a worthy life and developing your full potential, rather than chasing short bursts of hedonic happiness from consumption that are fleeting.

4. Practice Material Detachment

Avoid getting attached to possessions and a materialistic way of life to focus on your human spirit and making your life meaningful, rather than being solely focused on consumption and getting ahead.

5. Appreciate Your Life

Step back and appreciate how good your life is, counting your blessings to mitigate suffering and avoid feeling like you don’t have enough, as this can make you feel a lot better.

6. Simplify by Buying Less

Simplify your life by buying less, as this will free up a lot more time and make your life much simpler, reducing stress and allowing you to focus on what’s important.

7. Practice Saying No

Learn to say no to things that are not truly important to you, freeing up time for family, community, and activities you genuinely enjoy, which helps in simplifying life and reducing stress.

8. Practice Conscious Consumption

When purchasing items, be conscious and consider whether the purchase is causing harm to people or the environment, rather than buying without thought.

9. Eliminate Beef and Lamb

Stop eating beef and lamb, or consume them only in very rare instances, due to their extremely high carbon footprint, which is far worse than other meats and contributes significantly to global warming.

10. Reduce Meat Intake

Significantly cut back on overall meat consumption, aiming for a maximum of four ounces a day, to reduce methane emissions, animal cruelty, and the overheating of the earth.

11. Opt for Electric Vehicles

When buying a car, choose an electric vehicle like a Tesla, Leaf, or Sparky V, as they are much better for the environment compared to gas-guzzling cars.

12. Reduce Air Travel

Minimize flying due to its significant carbon footprint; consider alternatives like conference calls for meetings to reduce your environmental impact.

13. Adopt Clean Home Energy

Switch to 100% clean electricity from wind and solar if available, and replace gas appliances with electric ones to reduce reliance on methane (so-called natural gas) and fossil fuels.

14. Minimize Home Heating

Minimize the use of home heating by using blankets and sweatshirts, and consider efficient alternatives like a wood-burning stove, to reduce energy consumption.

15. Stop Invidious Comparisons

Recognize and consciously stop making “invidious comparisons” about possessions or experiences with others, and consider discussing mindful alternatives to competitive materialism to foster more thoughtful interactions.

If you want to be happy, actually go out and help someone. That makes you happier.

Claire Brown

The important thing is to, first of all, not harm any people. So when you're making money or when you're going out and sort of getting ahead in the world, you, you don't do it on, on the backs of other people.

Claire Brown

If you put any carbon in the air, you're hurting people. You're killing people. It's a sin. It's not moral.

Pope Francis (quoted by Claire Brown)

If you buy less, you have a lot more time, and your life gets much simpler.

Claire Brown

We know how not to harm, we know how to help, we know how to love and be compassionate, and we know that all these other clasers or bad urges we have are things that we all continually work on overcoming.

Claire Brown

Mindful Meat Consumption

Claire Brown
  1. Eliminate beef and lamb from diet, or consume only in very rare instances, due to their high carbon footprint.
  2. Cut down overall meat consumption to a maximum of four ounces per day, or ideally two ounces per day.

Household Energy Reduction and Clean Energy Transition

Claire Brown
  1. Minimize use of heating by using blankets and sweatshirts.
  2. Utilize super-efficient wood burning stoves for supplemental heat if needed.
  3. Replace gas appliances with electric ones.
  4. Sign up for 100% clean electricity from wind and solar if available in your area.
80 times hotter
Methane's heat trapping capacity compared to petroleum in first 30 years Methane is the main component of so-called natural gas, which is often mistakenly considered cleaner than petroleum.
95%
Percentage of economic growth taken by the richest 1-2% in the last recovery This refers to the disproportionate distribution of economic growth to the wealthiest segment of the population.
80%
Target for clean energy in the U.S. by 2050 According to Mark Jacobson at Stanford, achievable with existing technology.
1% of GDP
Estimated cost to achieve 80% clean energy in the U.S. by 2050 This is considered a negligible cost by Claire Brown for the transition to clean energy.
80%
Reduction in extreme starvation and hunger by UN Millennium Development Goals Achieved over a 15-year period through public-private plans by rich countries.