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An Economic Interpretation of The Diamond Sutra

Bingyuang Hsiung
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Bingyuang Hsiung: Professor, Department of Economics, National Taiwan University, Taipei, Taiwan. E-mail address: hsiung@ms.cc.ntu.edu.tw

Journal of Interdisciplinary Economics, 2000, vol. 12, issue 1, 17-39

Abstract: When a person faces the various dishes on a buffet table, economics can help analyze how he makes choices among the dishes. But if the dishes are all the same to this person, then the issue of choice economics studies essentially disappears. The idea that the dishes are all the same, however, reflects metaphorically one of the central thoughts of The Diamond Sutra. By employing a set of analytical concepts of economics, this paper attempts to provide a logically consistent analysis of the central thoughts of the important Buddhist treatise and to explain their potential attractiveness as well as possible weaknesses.JEL classification: A13, B40, P50.

Keywords: Cost; Values; Price; Choice; Religion; Relativity (search for similar items in EconPapers)
Date: 2000
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