In modern times, this means that the only way to sustainably create more money tomorrow is to innovate today. This is the tiny little flaw of Wall Street that Innovation Economics will correct.

There are a few simple web applications discussed here which will allow human knowledge to become tangible outside of the organizational construct of a corporation, government, or even academia. Whoever develops these applications will generate a great deal of wealth.

These applications are as follows:

1. The knowledge Inventory

2. The Percentile Search Engine

3. The Innovation Bank

Believe it or not, human knowledge would make a wonderfully tangible asset upon which to peg a currency – better than Gold, Silver, Oil, or Debt.

What in the world are we waiting for? The Economy is you and me and the people who work for a living. It is US!

nnovation Economics is transformational. For example; In the early 1800’s Eli Whitney performed a remarkable demonstration for members of Congress. He took 10 working muskets, disassembled them, scrambled the pieces and reassembled 10 working muskets. It may seem trivial to us today but that simple feat astonished the world; it led to the industrial revolution, and unlocked a vast amount of wealth creation.

Innovation Economics is the modern day equivalent of Eli’s musket, think about it.

Again, what in the world are we waiting for. The economy is US!