E.F. Schumacher on Buddhist Economics

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Here is Schumacher discussing Buddhist economics. He admits that he could have called it Christian economics, but then no one would have read it.

H/T The Western Confucian.

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Mark T. Mitchell is the co-founder of Front Porch Republic. He is the Dean of Academic Affairs at Patrick Henry College and the author of several books including Plutocratic Socialism, Power and Purity, The Limits of Liberalism, The Politics of Gratitude, and Localism in Mass Age: A Front Porch Republic Manifesto (co-editor).

3 COMMENTS

  1. “There is no value in maximizing consumption but in maximizing satisfactions.”

    Is this not than an argument for maximum efficiency? Is this not in fact what underlies free market economics? Is not Wal Mart’s slogan, “Why pay more?”

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