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Trio win Nobel prize for work on technology-driven growth
The Guardian
|October 14, 2025
Three experts in the power of technology to drive economic growth have been awarded this year's Nobel prize in economics.
Joel Mokyr of Northwestern University won half of the 11m Swedish kronor (£867,000) prize alongside Philippe Aghion of the Collège de France, Insead business school and the London School of Economics, and Peter Howitt of Brown University.
Announcing the prize against a backdrop of rapid development in artificial intelligence and debate over its impact on society and living standards, the Royal Swedish Academy of Sciences said the trio had pioneered the explanation of "innovation-driven economic growth".
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