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The Four Noble Truths: A Decision-Making and Problem-Solving Framework

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Introduction to Buddhist Economics

Part of the book series: Studies in Buddhist Economics, Management, and Policy ((SBEMP))

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Abstract

The Four Noble Truths of Buddhist teachings are explained in this chapter as a decision-making and problem-solving framework applicable to our world of conditioned existence. Some unique characteristics and contributions of this framework, comprising (1) suffering, (2) cause, (3) cessation, and (4) path, are thoroughly reviewed. This framework could be applied to facilitate a deeper understanding of the realities of the market economy by (1) identifying the problems with market economy; (2) exploring some of the drivers behind these challenges and dissatisfactions; (3) offering potential solutions through Buddhist Economics; and (4) discussing possible operating models of practicing Buddhist Economics.

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Bibliography

Required Reading

  • Bhikkhu Bodhi. 2013. The Noble Eightfold Path: The Way to the End of Suffering. Access to Insight (BCBS Edition). Last modified 30 Nov 2013. http://www.accesstoinsight.org/lib/authors/bodhi/waytoend.html

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Correspondence to Ernest C. H. Ng .

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Ng, E.C.H. (2020). The Four Noble Truths: A Decision-Making and Problem-Solving Framework. In: Introduction to Buddhist Economics. Studies in Buddhist Economics, Management, and Policy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-35114-4_2

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  • DOI: https://doi.org/10.1007/978-3-030-35114-4_2

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-35113-7

  • Online ISBN: 978-3-030-35114-4

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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