Ethical forces are among those of which the economist has to take account. Attempts have indeed been made to construct an abstract science with regard to the actions of an “economic man,” who is under no ethical influences and who pursues pecuniary gain warily and energetically, but mechanically and selfishly. But they have not been successful, nor even thoroughly carried out. For they have never really treated the economic man as perfectly selfish; no one could be relied on better to endure toil and sacrifice with the unselfish Â desire to make provision for his family; and his normal motives have always been tacitly assumed to include the family affections. But if they include these, why should they not include all other altruistic motives …?
— Principles of Economics, Preface to the First Edition (1890), par. 3.
It’s remarkable how much a discipline can forget in the short span of 120 years.