Ethical Economics

Ethical economics is an approach that considers moral values and social responsibility in economic decision-making. It emphasizes that economic activities should promote fairness, sustainability, and well-being for all stakeholders, not just profit. This approach encourages businesses and policymakers to prioritize environmental health, social justice, and ethical practices alongside financial success, aiming for a balanced economy that benefits society and respects future generations. In essence, ethical economics seeks to align economic goals with moral principles to create a more equitable and sustainable world.