Source: NBC News
“Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for ‘having explained innovation-driven economic growth.’ Mokyr is from Northwestern University, Aghion from the College de France and the London School of Economics, and Howitt from Brown University. The Nobel committee said Mokyr ‘demonstrated that if innovations are to succeed one another in a self-generating process, we not only need to know that something works, but we also need to have scientific explanations for why.'” (10/13/25)