The author rejects the usual division of economics (Positive Economics versus Normative Economics). Since actions and perceptions are not contrary but complementary phases of the same process such an economics seems to be right which is able to serve both economic actions and perceptions. The...

With cutting-edge insights from leading European and North American scholars, this authoritative book addresses the fundamental problems of business in an age of crisis whilst presenting radical, but practical, solutions.

The paper explores Buddhist economics as a major alternative to the Western economic mindset. Buddhism is centred on want negation and purification of the human character. Buddhist economics, developed by Schumacher, Payutto, Welford and others, challenges the basic principles of modern Western...