Buddhist economics

Buddhist economics

Buddhist economics is a set of economic principles partly inspired by Buddhist beliefs that individuals ought to do good work in order to ensure proper human development.

The term was coined by Ernst Schumacher in 1955, when he travelled to Burma as an economic consultant for Prime Minister U Nu, and is used almost exclusively by followers of Schumacher and by Theravada Buddhist writers such as Prayudh Payutto and Phrabhavanaviriyakhun.

Schumacher's essay "Buddhist Economics" was first published in 1966 in "Asia: A Handbook," and republished in Schumacher's influential collection "" (1973).

The efforts by the government of Bhutan are often considered an expression of Buddhist economics: for example, alongside traditional economic indicators, Bhutan uses a 'Gross national happiness' to measures of quality of life and non-economic wellbeing.

See also

*Buddhist socialism

External links

* [http://www.schumachersociety.org/buddhist_economics.html E. F. Schumacher, "Buddhist Economics"]
* [http://www.globalsystemchange.com/GSC/Articles.html Articles on Buddhist Economics and Gross National Happiness]
* [http://www.globalideasbank.org/site/bank/idea.php?ideaId=3257 Gross National Happiness and altruistic economics]
* [http://www.buddhanet.net/cmdsg/econ.htm Buddhist Economics: A Middle Way for the Market Place] by Ven P.A. Payutto


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • buddhist economics —  Economic philosophy that challenges Western assumptions of materialism and motivation. The term and ideas were popularized among Westerners by E. F. Schumacher in his book Small is Beautiful: Economics As if People Mattered …   American business jargon

  • Buddhist socialism — is a political ideology which advocates socialism based on the principles of Buddhism.Buddhist socialists have called for state provision of the Buddhist requisites of food, shelter, clothing and medicine, for the abolition or amelioration of… …   Wikipedia

  • Buddhist cuisine — Buddhist Vegetarian Cuisine A vegetarian restaurant in Taipei, Taiwan serving Buddhist cuisine in buffet style Chinese name Traditional Chinese …   Wikipedia

  • Buddhist philosophy — Part of a series on Buddhism Outline · Portal History Timeline · Councils …   Wikipedia

  • Buddhist art — Part of a series on Buddhism Outline · Portal History Timeline · Councils …   Wikipedia

  • Buddhist meditation — Part of a series on Buddhism Outline · Portal History Timeline · Councils …   Wikipedia

  • Buddhist texts — Chinese Song Period Maha prajna paramita Sutra Page, Nantoyōsō Collection, Japan Buddhist texts can be categorized in a number of ways. The Western terms scripture and canonical are applied to Buddhism in inconsistent ways by Western scholars:… …   Wikipedia

  • Buddhist prayer beads — Juzu Buddhist prayer beads are a traditional tool used to count the number of times a mantra is recited whilst meditating. They are similar to other forms of prayer beads used in various world religions; thus some call this tool the Buddhist… …   Wikipedia

  • Dalit Buddhist movement — Part of a series on Buddhism Outline · Portal History Timeline · Councils …   Wikipedia

  • Chinese Buddhist canon — The Tripiṭaka Koreana, an early edition of the Chinese Buddhist canon …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”