Peacocks, pagodas and Professor Hall

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A Buddhist Economic System—In Principle: Non-Attachment To Worldly Things Is Dominant But The Way Of The Law Is Held Profitable

Some of the major canonical scriptures of Buddhism are examined, as well as some of the secondary literature about these writings, in order to see what type of economic system might be inferred from the religious tenets which Gautama Buddha expounded. The personal and social ethics underlying such a system, the economic institutions which are consistent with such moral rules and the attitudes toward property and wealth which they inspire re analyzed for the light they shed on the explanation of economic behavior