E. F. Schumacher Quote
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.
Buddhist Economics
