Article June 20, 1994 Issue

Managing the economy

Evelyn M. S. Duckett

The state of the economy, whether personal, national, or global, has probably never preoccupied everyone quite as much as it does today.

Our modern facilities—computers and fax machines, which send information all over the world instantly; stock exchanges in London, New York, Hong Kong, and Tokyo, which afford the opportunity to purchase or sell stocks around the world and around the clock—certainly help us to keep track of financial statistics. But they don't do anything at all to solve the underlying challenge of managing the economy so that supply and demand match each other all the time.

Some people think of the word economy as just another name for frugality. But doesn't it include the quality of resourcefulness as well? Managing the economy well calls for good judgment, too. And good judgment requires good thinking. And because good thinking has its source in God, divine Mind, what we might call the spiritual dimension of economy is very important.

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