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 The Feed Store Durable Trades, Durable Families The Feed Store Water and Wood: An Artistic Parable The Barbershop Dear Mom: A Letter on Time The Nightstand Regarding Mutualism, Cooperativism, and Other (Interstitially) Anti-Capitalist Alternatives Short Walking, Belonging, and Counting The Barbershop Fitness, Fellowship, and Faith: Learning Masculinity in a Time of Despair 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.