Economic theory of everything and its price dynamics

Abstract. This is a short note that brings back Joseph Schumpeter work to the fore front in help define Economic theory of everything by suggesting his reference to endogenous growth modeling and its overtime evolution to this day may help explain and predict economic phenomenon through adding technical progress to production models as variable with monetizing time as additional input cost.Keywords. New economics, Endogenous growth models. JEL. F43, F63, I25