THE STRATEGY OF USING THE BUDDHIST ECONOMICS PRINCIPLE IN EVERYDAY LIFE

Abstract

               Economics is important to everyone. Economic studies will help to study systematic thinking about economic problems in various fields. This may be individual problem or for public at large. Economics can help identify what the problem is. What the alternatives by solving this problem are. And they can choose the best and most appropriate resource to resolve that problem. It can be seen that, the key issue of economics is the limited use of resources, and to cure the limited human needs. Therefore, all humans have to make decisions in order to use limited resources to meet the various needs as much as possible.

              In Buddhism, the concept of Buddhist economics was proposed that how will it make society to live with sufficiently and happily, and pursue a career in the daily life economically and sufficiently by using Buddhist principles or the Thithadhammikathaprayot principle (virtues conducive to benefits in the present) that is diligence, know how to protect the available property, associate with friendly people, and live properly?

              In addition, Buddhism also teaches how to divide the property with Pokathiya’s principle and principle of property management with Poka-athiya also.

              Providing that the society or people have adopted Buddhist economics to use in their daily life, it will bring country a true peace and stabilization in management of the country firmly and sustainably forever.