... 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
can 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. Baha’u’llah has given us a few basic principles which should guide
future Baha'i economists in establishing such institutions which will adjust
the economic relationships of the world.
- Shoghi Effendi (From a letter written on behalf of
Shoghi Effendi to an individual believer, January 25, 1934: Baha’i News, No.
103, October 1936; compilation: Lights of Guidance)