Behind this book is the belief that the basic principles for leading a "sublime" life can be examined and tested just as science examines and tests the natural laws of the universe. These laws of life are the wisdom of the ages, the principles of spiritual maturity, the fundamental values that lead to productive and happy lives.
Great book. No matter where you are in life, it has some nuggets of advice for everyone. It doesn't focus on a specific religion, but instead draws stories/lessons from everything.
It purports to be a book of wisdom. Templeton takes ideas from the Bible (half or more of his anecdotes), Eastern religions, and general folk wisdom and spins them into lessons about how to live a good life. It's particularly bad because he distorts and rips out of context the Bible passages in many places and ignores Biblical teaching including critical points of the gospel, ultimately conveying that you can have a good life of personal fulfillment and material comfort as an end in itself if you follow his adages. Despite all that, there are some interesting ideas to consider, if you ignore the bankrupt overall worldview.
This is a smaller, earlier edition of his Worldwide Laws of Life that was published 4 or 5 years later. Still a valuable book, arranged in 40 sections with 5 laws within each section, like the bigger one that followed.