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the claim
Economic thought existed and possessed formal structures prior to Adam Smith
the verdict
SUPPORTED
the evidence backs this
confidence 75/100

Evidence from history and philosophy shows that formal economic theories and discussions existed among ancient writers, medieval scholars, and early modern philosophers long before Adam Smith.

Evidence for · 4
Wikipedia: History of economic thought
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More for · 3
en.wikipedia.org: History of economic thought
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Demonstrates that thinkers from ancient Greece and the Middle Ages formulated early economic concepts.
plato.stanford.edu: Economics in Early Modern Philosophy (Stanford Encyclopedia of Philosophy)
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Details formal economic discourse and contributions by early modern philosophers prior to Adam Smith.
doi.org: Economics, chrematistics, oikos and polis in Aristotle and St. Thomas Aquinas
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Highlights formal economic ideas in Aristotle and St. Thomas Aquinas long before Smith.
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first checked01 Aug 2026
judged → SUPPORTED · 7501 Aug 2026
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