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 Philosophers & Saints Awakening to Virtue: Confessions of a Well-Read, Unlucky Good Girl The Nightstand From the Village Square to the Global Village—and Back? The Stump The Death of a Justice and the Hope of Magnanimous Statesmanship Short Book Exhibit, Bison, and Homeschooling Politics & Power Anti-Prophets of Doom: A Review of Michael Shellenberger’s Apocalypse Never The Nightstand Learning to Live a Second Life in Two Stories by John Berger and Wendell Berry 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.