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Buddhism and the transformation to sustainable economies

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  • Peter Daniels

    () (Griffith University, Griffith School of Environment, Brisbane, Australia)

Abstract

A major premise of this paper is that Buddhism provides a logic and means to help resolve this tension between in-grained economic system imperatives and the changes actually required for achieving environmental sustainability. In this simple depiction, we examine the logic inherent within Buddhism’s Four Noble Truths, and the means proffered in the Eightfold Path, and extend upon these basic ideas with knowledge and experience available from 21 st century environmental science, economics and technology fields. The ultimate goal is to illustrate how this ancient wisdom can help inform and facilitate the successful transformation to sustainable human economies.

Suggested Citation

  • Peter Daniels, 2007. "Buddhism and the transformation to sustainable economies," Society and Economy, Akadémiai Kiadó, Hungary, vol. 29(2), pages 155-180, August.
  • Handle: RePEc:aka:soceco:v:29:y:2007:i:2:p:155-180
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    References listed on IDEAS

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    1. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    2. Light, Audrey, 2001. "In-School Work Experience and the Returns to Schooling," Journal of Labor Economics, University of Chicago Press, vol. 19(1), pages 65-93, January.
    3. Bedi, Arjun S. & Gaston, Noel, 1999. "Using variation in schooling availability to estimate educational returns for Honduras," Economics of Education Review, Elsevier, vol. 18(1), pages 107-116, February.
    4. Brunello, Giorgio & Miniaci, Raffaele, 1999. "The economic returns to schooling for Italian men. An evaluation based on instrumental variables1," Labour Economics, Elsevier, vol. 6(4), pages 509-519, November.
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    Cited by:

    1. Daniels, Peter L., 2010. "Climate change, economics and Buddhism -- Part 2: New views and practices for sustainable world economies," Ecological Economics, Elsevier, vol. 69(5), pages 962-972, March.
    2. Daniels, Peter L., 2010. "Climate change, economics and Buddhism -- Part I: An integrated environmental analysis framework," Ecological Economics, Elsevier, vol. 69(5), pages 952-961, March.

    More about this item

    Keywords

    sustainability; environment; economy; Buddhism;

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