Grounded Theory and Heterodox Economics

The dominant theory in the discipline of economics, known as neoclassical economics, is being challenged by an upstart, known as heterodox economics. The challengers face many obstacles, the most significant of which is the actual creation of an alternative economic theory. However heterodox econom...

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Main Author: Frederic S. Lee
Format: Article
Language:English
Published: Sociology Press 2005-03-01
Series:Grounded Theory Review: An International Journal
Subjects:
Online Access:https://groundedtheoryreview.org/index.php/gtr/article/view/102
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author Frederic S. Lee
author_facet Frederic S. Lee
author_sort Frederic S. Lee
collection DOAJ
description The dominant theory in the discipline of economics, known as neoclassical economics, is being challenged by an upstart, known as heterodox economics. The challengers face many obstacles, the most significant of which is the actual creation of an alternative economic theory. However heterodox economists have not settled on what the methodology of theory creation should be. The aim of this paper is to advocate that the method of grounded theory is the best set of guidelines for theory creation. In addition, I shall argue that the grounded theory method results in the creation of heterodox economic theories that are historical in structure, content and explanation.
format Article
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institution Kabale University
issn 1556-1542
1556-1550
language English
publishDate 2005-03-01
publisher Sociology Press
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series Grounded Theory Review: An International Journal
spelling doaj-art-7b579261893d417cbed3e71e26ed2e412025-08-20T03:24:07ZengSociology PressGrounded Theory Review: An International Journal1556-15421556-15502005-03-01402Grounded Theory and Heterodox EconomicsFrederic S. Lee The dominant theory in the discipline of economics, known as neoclassical economics, is being challenged by an upstart, known as heterodox economics. The challengers face many obstacles, the most significant of which is the actual creation of an alternative economic theory. However heterodox economists have not settled on what the methodology of theory creation should be. The aim of this paper is to advocate that the method of grounded theory is the best set of guidelines for theory creation. In addition, I shall argue that the grounded theory method results in the creation of heterodox economic theories that are historical in structure, content and explanation. https://groundedtheoryreview.org/index.php/gtr/article/view/102heterodox economicsneoclassical economicsgrounded theory
spellingShingle Frederic S. Lee
Grounded Theory and Heterodox Economics
Grounded Theory Review: An International Journal
heterodox economics
neoclassical economics
grounded theory
title Grounded Theory and Heterodox Economics
title_full Grounded Theory and Heterodox Economics
title_fullStr Grounded Theory and Heterodox Economics
title_full_unstemmed Grounded Theory and Heterodox Economics
title_short Grounded Theory and Heterodox Economics
title_sort grounded theory and heterodox economics
topic heterodox economics
neoclassical economics
grounded theory
url https://groundedtheoryreview.org/index.php/gtr/article/view/102
work_keys_str_mv AT fredericslee groundedtheoryandheterodoxeconomics