Purpose – The purpose of this paper is to present a process, grounded in Buddhist practical wisdom, which trains managers to negotiate effectively. Design/methodology/approach – After comparing Western notions of phronesis/prudentia with insights from Buddhist tradition, it reports on the...

Purpose – The purpose of this paper is to argue that mainstream economic theory leads to a diminishment of human happiness and well-being. Alternatively, Buddhist wisdom, applied to economic decision making, offers the opportunity for a well-lived life of purpose and meaning....