According to the Western school of economics,
supply is limited whereas demand is believed to be almost infinite. However, in Buddhism or Buddhist Economy,
people are taught and tr...
DHAMMONOMICS
DHAMMONOMICS
is the division of knowledge regarding art & science in comprehending and
expressing the Lord Buddha's teachings and natural philosophy with tools and
approaches available in economics such as graph, equation, diagram and
more. This field of study was formally established on 1 August 2018 by
Pirajak T. Suwapatdecha (Pittaya Wong), a Thai Vijja Meditation scholar who
earned his Bachelor’s Degree in [International] Economics from the University
of Washington in Seattle, U.S.A., and Master’s Degree in Translation from
Thammasat University in Bangkok, Thailand.
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Similar to the gain and loss of economic value in modern economics, Dhammonomics, on the other hand, gives priority to earning of merit and sin which are the positive and negative ...
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Need & WantWith limited supply, we can still achieve surplusif we lessen the demanding mind(Pittaya Wong)The concept of Need & Want in modern economics comply to the Buddhi...
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WisdomAllowing faith and wisdom to grow hand in hand, we will both understand and believe in Buddhism(Pittaya Wong)Wisdom plays an important role in Buddhist teaching, and it make...
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Morality SensitivityMorality Sensitivity is developed from the Price Sensitivity theory in modern economics. In Dhammonomics, morality sensitivity means the timely responsiveness o...
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EQUATION OF SENSUAL DESIRESensual desire is the state of mind which can lead to either [worldly] pleasure or displeasure. In Buddhism, we regard the effect of sensual desire as bei...
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Scenario of Ambition & ContentmentContentment is a core value of Buddhist monastic life which leads to self-sufficiency and satisfaction against mental craving. So, it is an id...
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Gym Theorem & The Economy of ScaleReferring to the concept of Economy of Scale in modern economics as shown in the graph of Economy of Scale (white background color), the more ...
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Qualitative & Quantitative Practice in BuddhismQuality & Quantity are the juxtaposition contrasted in many study including economics. This concept can be applied to express...
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The World Dollar as Dhammonomic InventionThe Backbone Reference Currency for the Whole WorldThe availability of numerous currencies in our world economy normally results in currenc...
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The Three Merit in BuddhismWishing to build a celestial mansion in heaven,the best construction materials are generosity, morality, and meditation (Pittaya Wong)The Lord Buddha ...
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The Threefold Training (Trisikkha)Moralise.. our discipline.. Strengthen.. our mindfulness.. Sharpen.. our wisdom.. These are the Threefold Training in Buddhism. (Pittaya Wong)Th...
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The Eight Power & The Fifteen ConductAmong the Eight Topmost Supernormal Power (vijja) in Buddhism, the capability to eradicate mental impurity or defilement is the most crucia...
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ATTA (self) & ANATTA (non-self)Referring to our diagram of 3D Anatta, we can clarify the concept of Anatta or Non-Self in three dimensions namely the Mental Sphere (per Trilaks...
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The 10 Virtues PerfectionThe Equation of PerfectionsVirtues or Essences to be Perfected (V)In order to attain Buddhahood and Arahantship or Buddhist Sainthood, it is necessary that...
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THE EQUATION OF ENLIGHTENMENTEnlightenment = (E) =(Unification of Magga x (Accumulation x Cultivation of Merit)Time Frame) ResolutionE = (UF x (A x C)T)REnlightenment is the ultima...
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THE NOBLE EIGHTFOLD PATHThe qualification to heaven is a ‘heart of gold.’ The qualification to Nirvanic goal is the ‘Noble Eightfold Path.’ (Pittaya Wong)As the very goal of Budd...
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According to the Noble Eightfold Path, right wisdom comprises of (1) Right View and (2) Right Intent. These two components can be broken down further as follows:(1) Right View = Kn...
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THE DHAMMA WHEEL CYCLINGAccording to the Dhammacakkappavattana Sutta, the first discourse of the Lord Buddha, the Middle Way is the forefront principle of Buddhist practice in term...
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No matter what religion or creed we belong to, all humans share the same mission in life. Unfortunately, many people are unable to identify clearly and correctly why they were born...
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Faith is a significant driving force in every religion including Buddhism. According to the Lord Buddha who usually gave priority to wisdom, faith alone was also recognized as a dr...
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G2G Market* This idea is contributed to Her Royal Highness Princess Maha Chakri Sirindhorn of Thailand.G2G Market was first invented by Pittaya Wong (Tisuthiwongse) as a part of Dh...
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Ego is one of the mental defilements. Normally, people who experience more success in their life or in a specific matter are more likely to have stronger ego which coexists with co...
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The Four Brahma Virtues comprise of:(1) Compassion (Metta)(2) Mercy (Karuna)(3) Sympathetic Joy (Mudhita)(4) Equanimity (Upekkha)The Four Brahma Virtues are the four basic virtues ...
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The Three Marks of Mundane Sphere or Trilakshna is like the fundamental computer system where the Law of Karma program is operating on it. According to the Trilakshna, the realms w...
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The Four Noble Truths is the key teaching in Buddhism which comprises of four related topics namely (1) Dukkha or suffering (2) Samudaya or realization of cause of suffering (3) Ni...
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Vimutti or liberation in Buddhism can be classified in many ways. To classify it in a juxtaposition approach is the contrast between Ceto-Vimutti (meditation power) and Panna-Vimut...
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The 15 Carana means the 15 material & immaterial conducts which enable more or less of Vijja or superknowledge. In Buddhism, there are mainly 3 Vijja which can be broken down f...
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The Equation of MoralityMoral Discipline in Buddhism includes the practices and precepts to be observed. We can clarify these as the doctrinal do(s) & don’t(s) according to the...
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DHAMMONOMICS: With equal purity of the four factors of generosity, the more quantity and quality of given objects yield more merit energy.- Pirajak S.6 February 2020According to th...
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As mentioned earlier in Chapter 29 that the purity of alms receiver is one of the factors that contribute to more or less of merit energy earned, in this Chapter 29B, we provides a...
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Suffering is one of the significant concepts in Buddhist teaching. As the first one of the Four Noble Truths which comprise of suffering, cause of suffering, cessation of suffering...
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In order to sustain the global economy during Covid-19 pandemic lockdown, the World Bank as well as national governments need to intervene the international and local markets. We n...
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The Appreciation of Merit‘Anumodana’ is the mental, verbal, and physical appreciation upon others’ meritorious deeds. This allows one to earn additional merit from making one’s min...
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The Equation of LoveLoving affection is an emotion in response to sensual perceptions namely sight, sound, smell, taste, bodily feeling, and thought. According to the Buddhist teac...
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THE EQUATION OF NIRODHAThe Four Noble Truths is one of the key Buddhist teachings. According to the Four Noble Truths, there are four true natures of the cycle of rebirth (samsara)...
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DHAMMONOMICS: Equations of Ten Perfections In Buddhism, the ten perfections are ten virtues which one has to cultivate altogether with merit energy accumulation. As the two are...
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Sangha Dhana is a practice in Buddhism where an individual, either a lay devotee or monastic member, offers or gives something to the monastic community or the Sangha order which c...
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The Formula of LifeAs humans, we may doubt why we have to face with good and bad experiences in our lives whereas our lives are either more fortunate or misfortunate when comparing...
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The Three Universal Principle of BuddhismThe original Buddhist teachings taught by the Lord Gotama Buddha are available in numerous categories. And the Lord Buddha selected the rig...
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The Law of Karma is a significant teaching in Buddhism. Although the doctrine is also available in some other religions, the interpretation of the Law of Karma can be varied. In Bu...
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Dhammonomics: Chapter 39b - The Graph of Karma‘Karma’ is one of the most significant teachings in Buddhism. In generally, it is the belief that one always gets the good and bad res...
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How to Circulate ‘Digital Cash’(1) National Bank acquires reserves in various forms such as gold and currency.(2) National Bank contacts the World Bank for reserve-endorsement.(3) ...
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Happiness is what common people from all walks of life look for in their lives. Basically, happiness temporarily occurs when our demand, either need or want, is fulfilled with supp...
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Resolution or adhisthana is one of the ten perfections in Buddhism which one has to cultivate and fulfill in order to be qualified for enlightenment. In a common sense, resolution ...
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Dhammonomics: The Condensed Merit Energy(punya dhatu) (Condensed Merit Element or Mc)Merit is universal term for people from all walks of life. However, in Buddhism, merit energy c...
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Dhammonomics:Chapter 45 – Index of Individual SufficiencyThroughout the period of 45 years of preaching by the Lord Buddha, his teachings had covered numerous topics in different a...
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Graph & Equation ofMeditative Absorption (jhana)Jhana is one of the Lord Buddha’s teachings which explains the natural phenomena of one’s mind when achieving ‘deep meditative c...
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The Scenario of Vegetarianism:Vegetarianism is a lifestyle that many people practise without a limit to specific religion or belief. As for the non-spiritualists, practitioners may...
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The Typical Graph of Sexual DesireSexual desire is one of the three major categories of human’s mental defilements namely raga (lust), dhosa (anger), and moha (delusion). According...
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Chapter 49: Productivity of Merit MakingMerit is good energy earned when we have wholesome thought, speech and action from any of the Ten Meritorious Deeds namely (1) giving (2) mo...
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Dhammonomics: Timing of Demand and Periodical Supply TheoremIn ideal economics, we believe that demand is endless, and it is satisfied with limited supply which meets at the equili...
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Chapter 51:What is a good economy?In basic economics, we learn that an economy rises and falls, from time to time, according to a business cycle. As such, politicians and economist...
