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in his article, Buddhist Economics, E.F. Schumacher states that conventional economic thinking suffers from a metaphysical blindness. To make his point he contrasts how economics
in his article, Buddhist Economics, E.F. Schumacher states that conventional economic thinking suffers from a metaphysical blindness. To make his point he contrasts how economics configured from a Buddhist perspective differs from modern economics along the following dimensions; view of labor/ value of work, essence of civilization, essential values/ hierarchy of values, relationship to or view of the natural environment. also apply first base, second base, third base and fourth base diamond model
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