In the classical period of Adam Smith, there was a meeting point between the growth of wealth and human happiness in economics, that is, the selfish choice of rational people to seek advantages and avoid disadvantages was restricted by economic ethics. This is the self-interest required by Pareto to improve the conditions without harming others. However, economics itself undertakes the disciplinary task of maximizing interests, and constantly introduces mathematical tools and analytical methods of abstract logic deduction, which makes economics more and more a discipline dominated by instrumental rationality. towards the trend of neutral, non-value judgment and immoral choice.
what we can know?
The constraint of economic ethics on economics is becoming smaller and smaller