Nobel to Economia for Joel Mokyr, Philippe Aghion in Peter Howwitt

by Andrea
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Nobel to Economia for Joel Mokyr, Philippe Aghion in Peter Howwitt

(dr) Nobel Prize

Nobel to Economia for Joel Mokyr, Philippe Aghion in Peter Howwitt

Nobel Economics 2025

The three economists receive the Nobel Prize for explaining economic growth driven by innovation.

The Prize Nobel Prize for Economics was assigned to Joel Mokyr, Philippe Aghion e Peter Howitt for explaining the economic growth driven by innovationwas announced today.

The three economists were awarded the Nobel Prize in Economic Sciences “for having explained economic growth driven by innovation”, as announced by the Royal Swedish Academy of Sciences.

Half of the prize is awarded to 79-year-old American-Israeli Mokyr, “for identifying the preconditions for sustainable growth through technological progress”, and the other half jointly to the Frenchman Aghion, aged 69, and the Canadian Howitt, aged 79, “for the theory of sustainable growth through creative destruction.”

“The work of the laureates reminds us that progress is not guaranteed. On the contrary, society must remain vigilant about the factors that generate and sustain economic growth — such as scientific innovation, creative destruction and a society open to change,” said Kerstin Enflo, professor of economic history and member of the Nobel Committee, during the announcement ceremony.

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