Acharya Prashant explains that the economics of a place and an individual's life are fundamentally driven by the subjective value one accords to objects. He points out that people often work hard and take loans to acquire items like jewelry or stones that have no intrinsic value, simply because of social conditioning. Spirituality, he argues, provides the wisdom to understand what is truly valuable, thereby saving a person from wasting their life and resources on things that do not matter. He asserts that good spirituality is essentially good economics because a spiritual person is less likely to make unwise financial decisions based on greed, fear, or social pressure.
