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;
The Compilation of Compilations, vol. III, Economics, Agriculture, and Related
Subjects)