Verbal Ability :: Comprehension
Modern economies do not differentiate between renewable and non-renewable materials, as it prefers to measure everything on monetary terms. So, if we talk about alternative fuels like coal, wood, oil, etc., the only difference between them as recognized by modern economics is their relative cost per equivalent unit. Eventually, the cheapest is the one to be preferred, although it would be irrational and uneconomical. As per Buddhism, the major difference between non-renewable fuels such as coal, oil and natural gas on the one hand and renewable fuels like wood and water power, on the other hand, cannot be overlooked. Non-renewable fuels must be used only if they are necessary and it should not be wasted, to use these resources carelessly is an act of violence.
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What is contrary to the Buddhist economic philosophy
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In this passage, the author has given emphasis on the
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The philosophy of which religion is discussed in this passage?
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How modern economics recognize the difference between renewable and non-renewable materials?
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As per the Buddhist economist's attitude the fuels like coal and oil must be used only if
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