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Prize in Economic Sciences 2025 - Press release - NobelPrize.org

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The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Joel Mokyr Northwestern University, Evanston, IL, USA, Eitan Berglas School of Economics, Tel Aviv University, Israel “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion Collège de France and INSEAD, Paris, France, The London School of Economics and Political Science, UK Peter Howitt Brown University, Providence, RI, USA “for the theory of sustained growth through creative destruction” Over the last two centuries, for the first time in history, the world has seen sustained economic growth. This has lifted vast numbers of people out of poverty and laid the foundation of our prosperity. This year’s laureates in economic sciences, Joel Mokyr, Phi

Navigate to: Summary - Joel Mokyr - Philippe Aghion - Peter Howitt Prize announcement Press release Popular information Advanced information Award ceremony speech Award ceremony video English English (pdf) Swedish Swedish (pdf) 13 October 2025 The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Joel Mokyr Northwestern University, Evanston, IL, USA, Eitan Berglas School of Economics, Tel A

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