“A conventional economic analysis of the text—that is, one concerned primarily with wealth and welfare—focuses on the many lines devoted to labor, mercantile activity, law, and prudence.  Wealth-and-welfare economists will be drawn to these subjects because they most clearly embody conventional economic concerns with production and distribution, as well as the rules governing these processes.”

https://egnatiavia.blogspot.com/2020/09/a-wealth-and-welfare-reading-of-hesiods.html