Mokyr, Aghion and Howitt win 2025 Nobel economics prize

They won the prize for ‘having explained innovation-driven economic growth’

Reuters

Stockholm, Updated At : 03:29 PM Oct 13, 2025 IST

A screen displays an image of Nobel Prize medal, ahead of the announcement of the Nobel Prize in Economic Sciences at the Royal Swedish Academy of Sciences, in Stockholm, Sweden October 13, 2025. Reuters

Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize for “having explained innovation-driven economic growth”, the Royal Swedish Academy of Sciences said on Monday.

The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final prize to be given out this year and is worth 11 million Swedish crowns ($1.2 million).

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#InnovationDrivenGrowth EconomicGrowth economics EconomicsNobel Innovation JoelMokyr NobelPrize PeterHowitt PhilippeAghion RiksbankPrize

Mokyr, Aghion and Howitt win 2025 Nobel economics prize

They won the prize for ‘having explained innovation-driven economic growth’

Reuters

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