American-Israeli Joel Mokyr, Frenchman Philippe Aghion and Canadian Peter Howitt share the prize
American-Israeli Joel Mokyr, Frenchman Philippe Aghion and Canadian Peter Howitt were announced this Monday (13) as the winners of the of for his work on the impact of technology on economic growth.
Mokyr will receive half of the prize “for having identified the prerequisites for sustainable growth through technological progress”, while Aghion and Howitt will share the other half “for the theory of sustainable growth through creative destruction”, indicated the jury.
“Over the past two centuries, for the first time in history, the world has witnessed sustained economic growth. This has lifted large numbers of people out of poverty and laid the foundations for our prosperity. This year’s laureates in economic sciences, Joel Mokyr, Philippe Aghion and Peter Howitt, explain how innovation drives progress,” wrote the Royal Swedish Academy of Sciences in awarding the Sveriges Prize Riksbank of Economic Sciences from 2025.
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*With information from AFP