Evolving Cooperation into Morality: The Relationship between Economics and Morals

The necessity of addressing economics with morality and other social issues stems from the fact that economics is a result of people's attitudes and behaviors. As a social entity, human beings make judgments about what is right and wrong in their economic decisions. It needs moral values to make judgments about whether a behavior is right or wrong. Our aim in this study is to explain how cooperation turns into objective morality peculiar to human beings, and then A. Smith and J.M. Keynes to reveal the relationship between economics and morality.