Economics
From Bahaipedia
Economics is a discipline of social science which relates to wealth and its production, distribution and consumption.[1]
“ | 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. | ” |
— Written on behalf of Shoghi Effendi[2] |
References[edit]
- ↑ "Britannica Money". www.britannica.com. 18 May 2024. Retrieved 15 June 2024.
- ↑ From a letter dated 26 December 1935 written on behalf of Shoghi Effendi to an individual, in Social Action: A Compilation Prepared by the Research Department of the Universal House of Justice, 2021, no. 219, p. 130