January 25. On this date in 1936, Shoghi Effendi wrote "There are practically no technical teachings on economics in the Cause, such as banking, the price system, and others. Bahá’u’lláh has given us a few basic principles which should guide future Bahá’í economists..."

 

January 25. On this date in 1936, Shoghi Effendi wrote "There are practically no technical teachings on economics in the Cause, such as banking, the price system, and others. Bahá’u’lláh has given us a few basic principles which should guide future Bahá’í economists..."

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 its Founders be considered as having been technical economists. ...The contribution of the Faith to this subject is essentially indirect, as it consists of 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 which will adjust the economic relationships of the world...

(Shoghi Effendi, letter dated 25 January 1936)