The Economics of Singularities of Science Elucidated with Buddhist Thoughts

This book analyses the unprecedented economic and social challenges to human civilization from the perspective of Buddhist philosophy. It reviews singularities in a broad range of scientific experiments, including the theory of relativity, quantum physics, artificial intelligence, mRNA virology, stem cell biology, and neuroscience to evaluate catastrophic risks posed to the present global economic and environmental order. Through placing these discussions within the context of Buddhist philosophy, an alternative to traditional economic and science ideas is presented. The power of technological progress and associate risks is highlighted as a way of looking into and creating a more sustainable future.

This book provides a fresh interpretation of fat-tail economics that draws ideas from the basic sciences. The book will be of much value to students and researchers who are keen to environmental economics, planetwide catastrophes, and Buddhist philosophy.

S. Niggol Seo is an economist whose research focuses on global warming and global public goods. He has previously worked on various projects with the World Bank on climate change in Africa, Latin America, and Asia and has held Professor positions in the UK, Spain, and Australia from 2006.