JX: I think these days, it’s okay for monastics to handle some money (but not too ridiculously much to spur greed) for what’s needed (unless they absolutely don’t need to, which cuts the hassle) – but all accounts in terms of pay and funds should be made transparent to...

In a ‘post-Lehman Brothers’ world, an investment ad in the subway ironically reads, ‘Be humble, the stock market is probably smarter than you.’ This seems to speak of the so-called ‘wisdom of the masses’. But are the masses necessarily wise? What about the...

I had an email query on what the Buddha advised on financial management. The simplest answer that came to mind was two stanzas from the Sigalovada Sutta - With wealth acquired this [skilful] way, a layman fit for household life, in portions four divides his wealth: thus will he friendship...