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so:text The modern economist … is used to measuring the “standard of living” by the amount of annual consumption, assuming all the time that a man who consumes more is “better off” than a man who consumes less. A Buddhist economist would consider this approach excessively irrational: since consumption is merely a means to human well-being, the aim should be to obtain the maximum of well-being with the minimum of consumption. (en)
so:isPartOf https://en.wikiquote.org/wiki/E._F._Schumacher
so:description Buddhist Economics (en)
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