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

To read the full article, please click on the PDF or Word icon: