How Doctrinal are the Doctrines of Economic Thought? A Critical Evaluation

Abstract

This paper is a concerted attempt to elucidate the interplay between the use of history, doctrine and theory among economists and allied managers of economic resources over ages and to evaluate the doctrinal claims in economic thought theorizing as particularly reflected in the economies of the Less Developed Countries. Thus taking economic thought as dogma, institutional and society variability in terms of desires make sweeping generalization about doctrine and persistent followership controversial and intolerable.