Ideas from a Laboratory Experiment to GDP

The Principia of Economic Growth

The principle of an economy growing from good ideas requires an economic measure of innovation that rises across a funnel from which economically viable objects will emerge on a commercially successful path to adoption within a National Accounting framework. This purposeful origin should constitute Growth Economics, but it doesn't. For Artificial Intelligence to provide the big ideas of the future, and for those ideas to enhance economic prosperity, Growth Economics must put numbers to those ideas. Innovators have now achieved that by providing a leading edge solution that is both conceptual and numerate. This may raise New Growth Theory to theorem status. By plumbing the depths of unique tacit knowledge available to us we have successfully identified four previously missing scientific laws that govern the key numerics. The validity of these laws is upheld by their explanation of the fate of hundreds of goods that were once commonplace but exist no longer. Such extensive data on creative destruction has never been plumbed like this before. Our synthesis starts from laboratory experiments and ends in a geometric array of algebra that enumerates to GDP at its pinnacle. Its simplicity is so compelling as to possibly constitute a new Principia of Economic growth. 'Look Inside' this new Principia of Economic Growth