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business10h ago

Nobel economics prize goes to 3 for explaining innovation-driven economic growth

https://abcnews.go.com/Business/wireStory/nobel-economics-prize-set-announced-monday-126461597https://news.northwestern.edu/stories/2025/10/joel-mokyr-wins-nobel-prize-in-economicshttps://www.lse.ac.uk/news/latest-news-from-lse/lse-academic-philippe-aghion-awarded-nobel-prize-for-economic-sciences
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Nobel economics prize goes to 3 for explaining innovation-driven economic growth Open in Abcnews.go.com
Highlights
  • The Nobel trio shows sustained prosperity comes from science, understanding, and capital markets working together, not luck or static systems.
  • Mokyr argues the Industrial Revolution hinged on useful knowledge, the mix of know-how and know-why that lets ideas compound.
  • Aghion and Howitt show growth comes through creative destruction, where new tech replaces old, driving continued progress despite disruption.

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References

Joel Mokyr wins Nobel Prize in Economic Sciences

https://news.northwestern.edu/stories/2025/10/joel-mokyr-wins-nobel-prize-in-economicsNews.northwestern.edu
Joel Mokyr wins Nobel Prize in Economic Sciences

Professor Philippe Aghion awarded Nobel Prize for Economic Sciences

https://www.lse.ac.uk/news/latest-news-from-lse/lse-academic-philippe-aghion-awarded-nobel-prize-for-economic-sciencesLse.ac.uk
Professor Philippe Aghion awarded Nobel Prize for Economic Sciences

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025

https://www.nobelprize.org/prizes/economic-sciences/2025/popular-information/Nobelprize.org
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025

Trio win Nobel economics prize for work on technology-driven growth

https://www.theguardian.com/business/2025/oct/13/nobel-economics-prize-technology-joel-mokyr-philippe-aghion-peter-howittTheguardian.com
Trio win Nobel economics prize for work on technology-driven growth

Nobel Prize in economics awarded to Mokyr, Aghion and Howitt for explaining ‘innovation-driven’ growth | CNN Business

https://www.cnn.com/2025/10/13/business/nobel-prize-economics-winner-2025-intlCnn.com
Nobel Prize in economics awarded to Mokyr, Aghion and Howitt for explaining ‘innovation-driven’ growth | CNN Business

Mokyr, Aghion and Howitt win 2025 Nobel Prize in Economics

https://www.euronews.com/business/2025/10/13/joel-mokyr-philippe-aghion-and-peter-howitt-win-2025-nobel-prize-for-economicsEuronews.com
Mokyr, Aghion and Howitt win 2025 Nobel Prize in Economics

Nobel economics prize goes to 3 researchers for explaining innovation-driven economic growth

https://www.nbcnews.com/world/europe/nobel-economics-prize-goes-3-researchers-explaining-innovation-driven-rcna237262Nbcnews.com
Nobel economics prize goes to 3 researchers for explaining innovation-driven economic growth

Trio win 2025 Nobel economics prize for work on innovation and 'creative destruction'

https://www.cnbc.com/2025/10/13/mokyr-aghion-and-howitt-win-2025-nobel-economics-prize.htmlCnbc.com
Trio win 2025 Nobel economics prize for work on innovation and 'creative destruction'

Nobel economics prize awarded for innovation-growth theory – DW – 10/13/2025

https://www.dw.com/en/nobel-economics-prize-awarded-for-innovation-growth-theory/a-74328580Dw.com
Nobel economics prize awarded for innovation-growth theory – DW – 10/13/2025

2025 Economics 'Nobel' for beginners: How science, understanding, and capitalism super-charged human growth | World News - The Times of India

https://timesofindia.indiatimes.com/world/europe/2025-economics-nobel-for-beginners-how-science-understanding-and-capitalism-super-charged-human-growth/articleshow/124527450.cmsTimesofindia.indiatimes.com
2025 Economics 'Nobel' for beginners: How science, understanding, and capitalism super-charged human growth | World News - The Times of India

Related Topics

businessjoel mokyrpeter howittphilippe aghion

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