To me, economics means contemplating – and putting into practice – to what extent does the effort by man to organize the material world on this planet, or in this universe, add value to human life, to the human experience, and so to spiritual life, and at what point does such an effort begin to take away from that value.

The determination of that value is both a social and individual issue, but the ultimate responsibility for that determination lies with one’s own personal decision, with one’s own basic moral choice, according to one’s own free will.

To be an economist, then, does not mean being materialist.

To be an economist means understanding the real value of material things and, conversely, of spiritual things.