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History of Economic Thoughts

History of Economic Thoughts

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Modern economic theory is customarily said to have begun with Adam Smith (1723-1790). Adam Smith was influenced by a wide number of economic thinkers, going all the way back to the ancient Greek philosophers. The works of Aristotle had a profound influence 01 Thomas Aquinas and, through Aquinas, on subsequent scholastic thinking. Economic thought dates from earlier, Mesopotamian, Greek, Roman, Indian, Chinese, Persian and Arab civilizations.

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