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This is a Literature Review study.

October 2, 2025Open Access

Redefining Prosperity: A Review of Buddhist Economics and Its Vision for a Balanced World

Key Points

The review emphasizes that buddhist economics focuses on reducing suffering, rather than mere income generation.
With over 75% of Sri Lanka's population as Buddhists, this perspective resonates deeply within the culture.
Clair Brown's book presents a refreshing challenge to traditional economic views by advocating environmental stewardship.
The implications of adopting buddhist economics could lead to a balanced world, addressing both social and environmental concerns.

Abstract

Buddhist Economics: An Enlightened Approach to the Dismal Science by Clair Brown opens a new perspective on economics. Being a Buddhist from Sri Lanka, the majority of the population comes from Buddhism which means over 75% of the total population, I found this book very meaningful. Brown explains how economics should aim at reducing suffering and taking care of the environment rather than just generating income, which perfectly fits within the concepts of Buddhism. In this review, I will discuss the main messages of the book, what makes it strong and why it matters for the present world.

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Migel Hewa Hansi Sandu Tharaka (Fri,) studied this question.

synapsesocial.com/papers/68de84b65b556a9128e1b61c https://doi.org/https://doi.org/10.14267/retp2025.03.08

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