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CARING ECONOMICS

CONVERSATIONS ON ALTRUISM AND COMPASSION, BETWEEN SCIENTISTS, ECONOMISTS, AND THE DALAI LAMA

An intriguing report on unusual objectives pursued through outreach and debate.

Proceedings from the 2010 Mind & Life Institute conference, featuring dialogue with the Dalai Lama.

The Dalai Lama and two collaborators founded the Mind & Life Institute to create “collaboration between modern sciences, the world's living contemplative traditions, philosophy, humanities and social sciences.” The conference brought scientists, economists and philosophers together with the Dalai Lama to discuss how best Western science and humanities might work with Eastern philosophies like Buddhism to organize new secular ethics based on altruism and compassion. Participants included experimental social psychologist Donald Batson, editor Singer, the director of the Department of Neuroscience at the Max Planck Institute in Leipzig, and Lord Richard Layard, the founding director of the Center for Economic Performance, among others. The Dalai Lama, who participated in all of the sessions of the two-day conference, made clear his view “that the entirety of humanity needs altruism or empathy, not necessarily as part of their religious faith but to reduce certain problems we are facing today due to their absence.” The proceedings were organized into three sections: scientific and related research (Singer's work on current neuroscience and empathy, and psychiatrist Richard Davidson's research into compassion); Buddhist and economic perspectives on compassion (Layard's research into the economics of happiness); and examples of altruism in practical work (former Credit Suisse executive Arthur Vayloyan’s discussion of microfinance and how smart investments can generate social, environmental and financial profits at the same time). The Dalai Lama contributed his thoughts on the need for “more research…on how to introduce secular ethics into the modern educational system,” as well as on the research reported. He argues that science and secular ethics provide a more universal basis than even all major religions acting together could.

An intriguing report on unusual objectives pursued through outreach and debate.

Pub Date: April 7, 2015

ISBN: 978-1-250-06412-7

Page Count: 256

Publisher: Picador

Review Posted Online: Jan. 14, 2015

Kirkus Reviews Issue: Feb. 1, 2015

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GOOD ECONOMICS FOR HARD TIMES

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 28, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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HOW TO FIGHT ANTI-SEMITISM

A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.

Known for her often contentious perspectives, New York Times opinion writer Weiss battles societal Jewish intolerance through lucid prose and a linear playbook of remedies.

While she was vividly aware of anti-Semitism throughout her life, the reality of the problem hit home when an active shooter stormed a Pittsburgh synagogue where her family regularly met for morning services and where she became a bat mitzvah years earlier. The massacre that ensued there further spurred her outrage and passionate activism. She writes that European Jews face a three-pronged threat in contemporary society, where physical, moral, and political fears of mounting violence are putting their general safety in jeopardy. She believes that Americans live in an era when “the lunatic fringe has gone mainstream” and Jews have been forced to become “a people apart.” With palpable frustration, she adroitly assesses the origins of anti-Semitism and how its prevalence is increasing through more discreet portals such as internet self-radicalization. Furthermore, the erosion of civility and tolerance and the demonization of minorities continue via the “casual racism” of political figures like Donald Trump. Following densely political discourses on Zionism and radical Islam, the author offers a list of bullet-point solutions focused on using behavioral and personal action items—individual accountability, active involvement, building community, loving neighbors, etc.—to help stem the tide of anti-Semitism. Weiss sounds a clarion call to Jewish readers who share her growing angst as well as non-Jewish Americans who wish to arm themselves with the knowledge and intellectual tools to combat marginalization and defuse and disavow trends of dehumanizing behavior. “Call it out,” she writes. “Especially when it’s hard.” At the core of the text is the author’s concern for the health and safety of American citizens, and she encourages anyone “who loves freedom and seeks to protect it” to join with her in vigorous activism.

A forceful, necessarily provocative call to action for the preservation and protection of American Jewish freedom.

Pub Date: Sept. 10, 2019

ISBN: 978-0-593-13605-8

Page Count: 224

Publisher: Crown

Review Posted Online: Aug. 22, 2019

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