THEORY of WEALTH and UNEMPLOYMENT
THEORY of WEALTH (*) and UNEMPLOYMENT
(TWU)
(*) Generation-destruction-distribution
The Theory of Wealth and Unemployment (TWU) postulates that generation, destruction, and distribution of wealth, and unemployment derive from combining the laws that govern homo economicus and homo sociologicus. Which implies understanding the laws and variables that govern the market and the laws and variables that govern (economic) policies.
The model of Socio-Economic Evolution (SEE) we present proves the validity of the postulate of TWU, insofar as it considers both the laws and variables that govern the market, and the laws and variables that govern (economic) policy as endogenous to it.
Buenos Aires, April 2014.
Carlos A. Bondone