Badi Shams

In Economics, Life
On October 20, 2018

What Wealth Means to the New Race of Man

The popular evolutionary belief is that we have been created like the rest of animals and have evolved to become a human being. This view to me undermines the station and destiny of humanity. It sets the bar very low for working towards our goals, and this leads to expecting…

In Economics, Life
On October 10, 2018

Financial Literacy- An Essential Education That Is Missing

All my life as a student of economics and also as part of the education system, I have been amazed at the lack of financial knowledge both in our society and our education system. Baha'i Writings have put great importance on education, and always emphasize both the spiritual and material…

In Economics, Life
On September 26, 2018

Financial Regrets to Avoid

As I get older, I spend more time reflecting on my life. I reflect on the right choices that I have made and the regrets that I could have avoided. This reflection takes me to the innocence and ignorance of my youth and the things that I could have done…

In Economics, Life, Religion
On September 20, 2018

We Live in an Age of Miracles

We live in an age of miracles—and we don’t even know it. I’ve often wished I lived in the times of some of my heroes who participated in great historical events, and to fight beside them in their battles. How I admired and idealized them. How I would have wanted…

In Economics, Happiness
On September 10, 2018

Understanding Each Other In These Confusing Times

There is no doubt that changes are happening very fast in all aspects of our lives. This has a significant effect on our minds and our behavior. I feel there is an air of confusion and irritation in the world today, which manifests itself in different ways for different people.…

In Economics
On August 26, 2018

Adam Smith and Morality

Based on the Writings of the Baha'i Faith I have been advocating the need for humanity and morality in our economic activities and also its recognition in our economic system. So it is natural from reading his book in the university who is considered to be about the father economics,…

In Economics, Life
On August 22, 2018

Mass Shootings: What Can We Possibly Do About Them?

My field is economics, so I initially felt hesitant to write about these tragedes—but I reminded myself about the many years I worked in the school system, where my first and foremost responsibility was protecting my precious students from the usual dramas and bullying. So this is my attempt to…

In Economics
On August 7, 2018

We Need To Justify Our Spending

Do we have to justify our spending to anyone? Most people would answer “No—my money is mine, I earned it, and I can spend it any way I want!” Some of those people consider themselves hedonists, a school of thought which argues that pleasure and happiness are the primary or…

In Economics
On July 16, 2018

How Much Profit Margin Do We Need, Anyway ?

The world of economics is based on profit. Without it, there would be no motivation to start a business or company—the whole system would fail. After all, why would anyone exert so much effort for no profit? Sure, there are a few people who work for free, but their motivation…

In Economics, Happiness
On June 25, 2018

The Spiritual Cost of a Higher Standard of Living

Without a doubt, the standard of living has improved since the industrial revolution, particularly for many in the West. There was a time not long ago that phones, color TVs and cars were only for the rich, and the poor could only dream of having them. But now even poor…