E.F. Schumacher on Buddhist Economics By Mark T. Mitchell - July 23, 2009 3 Reading Time: 1 Facebook Twitter Email Print 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. RELATED ARTICLESMORE FROM AUTHOR Short Deneen and Kauffman, Walker Percy, and Manufactured Rituals The Stump Big Other is Watching. Hallelu! Short Talking about Wendell Berry on Twitter The Stump The Irony of Twitter The Stump Stop Talking about Wendell Berry on Twitter Short A Wendell Berry Weekend, Stanley Hauerwas, and Russell Kirk’s Correspondence 3 COMMENTS “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?” […] Front Porch Republic » Blog Archive » E.F. Schumacher on religion … […] No. Walmart’s philosophy is “Maximize consumption; minimize ‘cost’.” (N.B. “Cost”is in quotes.) Comments are closed.