Economic growth

Economic growth

Nobel Prize in Economic Sciences Awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for Pioneering Research on Innovation and Economic Growth

Nobel laureates Joel Mokyr, Philippe Aghion, and Peter Howitt have been recognized for their groundbreaking contributions to understanding the drivers of long-term economic growth. Their research, spanning historical and modern perspectives, has shed light on the critical role of technological progress, knowledge creation, and the cycle of innovation and obsolescence

Economic growth

Nobel Prize in Economic Sciences Awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for Explaining Innovation-Driven Economic Growth

The Royal Swedish Academy of Sciences has announced that Joel Mokyr, Philippe Aghion, and Peter Howitt will receive the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2025 for their groundbreaking work on explaining innovation-driven economic growth. Mokyr's research identified the prerequisites for sustained