There
are practically no technical teachings on economics in the Cause, such as
banking, the price system, and others. The Cause is not an economic system, nor
should its Founders be considered as having been technical economists. The
contribution of the Faith to this subject is essentially indirect, as it consists
in the application of spiritual principles to our present-day economic system.
Bahá'u'lláh has given us a few basic principles which should guide future
Bahá'í economists in establishing such institutions as will adjust the economic
relationships of the world.
- Shoghi Effendi, (From a letter dated 26 December 1935, written on
behalf of Shoghi Effendi to an individual believer)