Is Buddhist Economics an Oxymoron?

Buddhist economics and mainstream Western economics are not as radically opposed as suggested by their stereotypes, the monk and the stockbroker. Like its Western sibling, the Buddhist model is based on individual rational choices concerning material wellbeing. The accumulation of wealth is allowed, and in many cases even encouraged. Significant differences emerge, however, upon closer

Why Wellbeing?

When most people think about the wellbeing of society, they tend to think in financial terms—how is the economy doing? Is it growing? By what percent? Yet there are fundamental problems with the overemphasis on economic growth as THE path to prosperity. Besides the fact that it’s based on Western values of material accumulation and