Sao Phal Niseiy: How do Buddhist economics and governance differ from conventional Western economics and models of governance?

San Pisith: This is a big question. I am not sure my answer would be sufficient to fully cover the core of the question. When we talk about economics and governance, we are dealing with the two giant fields of organizing and developing the private and public sectors based on a particular model or philosophy that we believe can lead our society to prosperity. In today’s world, the majority of countries consider the Western liberal principle as their model for shaping and organizing society. Most of them are democratic and market-oriented. However, no matter which model we follow, the main goal is to create happiness in our society. But how can we measure human happiness?… Continue reading…