ELI5: Explain Like I'm 5

Buddhist economics

Buddhist economics is a way of thinking that focuses on having enough, rather than having more. It is based on the principle of not wanting too much and not having too little. It teaches how to live in balance with nature, so that everyone has the basic needs to lead a good life. In Buddhist economics, resources are shared equally and it is seen that people use what they need and waste nothing. People also learn to be content with what they have and not compare themselves to others. Buddhist economics teaches moderation and simplicity, so that everyone can live peacefully and happily.