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asked ago in General Economics Questions by (120 points)
Mahatma Gandhiji said "There is enough in the World for Every person's need but not Enough for One Person's Greed" . Conventional Economics is defined as "The Study of Use of Scarce resources to fulfill Unlimited Wants" . Clearly the two definitions are diametrically opposite understanding of human material problem. If you believe the conventional economics then human material problem won't get solved 1000 years from now. However according to Mahatma Gandhiji the human material problem is due to greed. I have published a paper in an academic journal. Please comment on this paper at this link https://www.iosrjournals.org/iosr-jef/pages/vol.13i3-Series-1.html
Choices:
Mahatma Gandhiji is Right
Conventional Economics is Right
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