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 → GDPIdeas have now created A.I. - shortening the arrows - but improving our economic lives? Non-economists direct that thinking on ideas beyond Capital and Labor.Which is where economist Economics is stuck. Non-economists blame adherence toCapital-Labor growth models, none of which has ever worked and each of which leavesan unknown known as a 'measure of our ignorance'. Despite decades of effort the labelremains true. This results in institutions being unaware of what is already elsewhere,The 2025 Nobel Committee learns how much innovators already knowincluding pre-existing key principles. These are Competitive Pressure, Co-existence, Non-existence, New Existence, Origination, and Conveyance. They change the emphasis ineconomic growth from Capital and Labor to a novel and original mechanism of ideas thatoperate in markets and numerically convert i to GDP. With A.I. shortening the arrows. after2 Deficiencies in Economic Science are Removed