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
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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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