How non-economist Economics successfully explains GDP

The Idea of Ideas

Non-economist Economics succeeds by enumerating what everyone knows; ideas - when developed - improve our lives and make us richer. i  → R&D  → GDP Ideas have created A.I. and A.I. is shortening  → and  → But will this improve our lives? Non-economist arrows direct that thinking beyond Capital and Labor. But Capital and Labor is where economist Economics lingers. The arrows remain unquantified despite Prizes for efforts that have avoided the obvious. Non-economists identify the principal culprit. Adherence to the Cobb-Douglas production function, which has never worked still dominates economic discourse. Even the Royal Swedish Academy appears unaware when its 2025 Nobel Committee learns what innovators really know  including pre-existing numeracy. Its key principles - Competitive Pressure, Co-existence, Non-existence, New Existence, Origination, and Conveyance - change the emphasis in economic growth from Capital and Labor to a novel and original mechanism of ideas that operate in markets and numerically convert i to GDP. Without Cobb-Douglas, with A.I. after 2 Deficiencies in Economic Science are Removed