The Economics of Imagination is my graduate thesis of OCAD University's Illustration program.
“Imaginomics” is a look into a world quite similar to our own, save that imagination is used as currency. Creative contemplation and inventive solutions are valued above all else, and are traded for the goods are services essential for sustained life. Using that world, Imaginomics aims to comment on the lack of inventiveness that plagues us as we get older and more set in our ways. The longer it has been since we’ve had the unquenchable imagination and curiosity of a child, the harder it is to return to that wide-eyed world where anything is possible. Ingenuity and creativity are at the heart of what makes us different than any other bumbling mammal wandering this green earth, to neglect it for trivial successes like money and a career is a terrible shame. It’s time to remind us all the power of imagination.
Flotation: when a company or individual goes public with an idea for the first time.
Imaginomic Growth: the process of stimulating choice sections of the brain to net more imagination capacity.
Employee Expendability: when the imagination dries up, you're out the door.
The Lemon Problem: when the buyer has knowledge unkown to the seller, It doesn't make a very fair deal.
Tragedy of the Commons: taking too much of a common resource hurts others in the pool.
Copyright Protection: keeping idea poachers at bay is constant and imperative task.
Loss-Aversion Theory: when one is so focused on losses that one misses out on potential opportunities.
