ИСТИНА

The discipline of economics as it is now taught at schools and universities is based on the writings of the 18th century moral and political philosophers. However, the moral aspect of their ideas, which was of great significance for the authors themselves, seems quite irrelevant in the contemporary academic environment. In this paper we are making an attempt to look again at the works of Adam Smith and his contemporaries, with special attention to their views on the moral and religious aspects of human activity and find out how the economists of the last century and present-day university professors have treated the issues of right and wrong in their books, lectures and academic papers.t.