4/28/16

April 28

Now with regard to your questions concerning Bahá'í economic teachings: the writings of Bahá'u'lláh do not contain any technical teachings on the subject of economics, and on such specific financial questions as gold standardization, monetary standards and exchanges, etc. -- what they provide however are certain general principles in the light of which future Bahá'í economists will have to evolve the Bahá'í Economic System of the future. These principles contribute the basis of all future economic schemes, but at present it would certainly be premature to foretell what definite economic system will be evolved and established by the Cause. The Bahá'ís, therefore, cannot claim to possess at present an economic order or system which they can officially associate with the Faith, nor should they now attempt to establish any such economic scheme, which would obviously be beyond their present-day capacity and resources. 
- Shoghi Effendi  (From a letter dated 22 April 1939 written on behalf of Shoghi Effendi  to an individual believer; compilation: ‘Redistribution of Wealth’, by the Research department of the Universal House of Justice’)