Growth, Employment, Inequality, and the Environment, Volume II: Unity of Knowledge in Economics 2

The second volume of Growth, Employment, Inequality, and the Environment continues dealing with the fundamental economic problems of our time: employment, inequality, the environment, and quality of life. This volume takes on the long-term effects of growth and analyzes the policy aspect of these effects. Figueroa achieves his goal by addressing two significant problems. First, to solve the epistemological challenges of building unity of knowledge, he presents a unified theory of capitalism. Second, he considers the epistemological problem of the role of theory in scientific knowledge. This book therefore deals with a consistent theoretical system. That having been said, these theories—which contain logically correct propositions—may turn out to be empirically false. In order to avoid this error, some rules of scientific knowledge are needed. Growth, Employment, Inequality, and the Environment presents a method that contains such rules. The method is derived from the Popperian epistemology, making it operational in economics. The proposed unified theory is therefore empirically valid; it is a good approximation of the real world. Theoretical economics is thus treated under explicit epistemological rules: theory is the servant, not the master. The first volume deals with the fundamental economic problems of our time: employment, inequality, the environment, and quality of life. Figueroa presents a unique approach to analyzing these effects by using a unified theory framework. The second volume takes on the long-term effects of growth and analyzes the policy aspect of these effects. Figueroa achieves his goal by addressing two significant problems. First, to solve the epistemological challenges of building unity of knowledge by presenting a unified theory of Capitalism. Second, he considers the epistemological problem of the role theory in scientific knowledge PART III: THE LONG RUN: GROWTH AND DISTRIBUTION 8. Towards A Unified Theory Of Capitalism 9. Education And Human Capital Formation 10. The Epsilon Society: A Dynamic Model 11. The Omega Society: A Dynamic Model 12. The Sigma Society: A Dynamic Model 13. Unified Theory Of Capitalism: A Growth And Distribution Model PART IV: THE VERY LONG RUN: GROWTH AND THE ENVIRONMENT 14. Economic Growth Under Environmental Stress 15. Land Resources and Food Supply 16. Economic Growth And Quality Of Society PART V: THE POLITICAL ECONOMY OF THE UNIFIED THEORY 17. Science-Based Public Policies Growth, Employment, Inequality, and the Environment deals with the fundamental economic problems of our time: employment, inequality, the environment, and quality of life. These exciting new volumes are the first of their kind in which these problems are analyzed using a unified theory framework.