Nobel Prize in Economic Sciences 2025
- Award Name
- Nobel Prize in Economic Sciences 2025
- Details
Awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining how technological progress creates sustained economic growth and how Schumpeterian creative destruction—the process of new innovations displacing old ones—contributes to long-run prosperity.
- Category
- Nobel Prize
- Year
- 2025
- Recipient
- Joel Mokyr, Philippe Aghion, and Peter Howitt
- Field/Category
- Economic Sciences