Morality and economics

Abstract

Economics is a concomitant process of human existence, since one cannot exist without the other. The word “economics” does not appear in the Bible, it is Merendelian and belongs to the ancient Greek thinker Xenophon, a student of Socrates, who called his book on economic activity “The Economist”. Later, this term was translated as “housekeeping” and meant the art of running a slave-owning (Xenophon himself was a wealthy aristocrat who owned a slave) family economy. Specifically, how they treated slaves, property, wives, food production, income distribution, etc.