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   Wednesday, 15 October 2025
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Professor John Hassler, from left, Hans Ellegren, Permanent Secretary of the Academy of Sciences and Professor Kerstin Enflo, announce Joel Mokyr, Philippe Aghion and Peter Howitt as the recipients the Nobel Memorial Prize in Economics during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, Monday, Oct. 13, 2025. Photo: Anders Wiklund/TT News Agency via AP

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

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for “having explained innovation-driven economic growth" including the key principle of creative destruction.
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