Economic Development Futures Journal

Wednesday, June 28, 2006

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Looking Ahead: Spiritual Economics

Click here to read an interesting article about spiritual economics. I know...this is a new one for economic development. Think about it. What is the chief horizon beyond "mind?" It's spirit.

Here's a sample:

"At the center stage of the debate of what economics should be all about there is a fundamental fact we must not forget; i.e., that we, human beings, are living on this Planet not just in the pursuit of material welfare. And, therefore, 'material welfare' is only one aspect of 'human welfare'. So, in this rapid transformation process, one of the questions we must address today is whether the economics we practice today will be the economics we will be practicing in the future. Furthermore, whether we would be able to formulate economic policies and programs that are essentially void of, or indifferent with regard to, the spiritual dimensions of people's lives. In my view, the answer is a flat "No". But the story does not end here and, thus, it is important to establish few grounds to enable us to understand the full implication of the type of transformation everyone is looking for."

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