NOBEL NOTICE

Earlier this week, the 2025 economics Nobel prize was awarded to American-Israeli Joel Mokyr, Frenchman Philippe Aghion, and Canadian Peter Howitt of Brown University. Mokyr won it by explaining the conditions that enable economic growth. Aghion/Howitt explained how innovation and change happen and how it’s beneficial for society even while some lose out. All are big proponents of creative destruction. Growth is what economics is about; these winners are inspiring.bel Notice Earlier this week, the 2025 economics Nobel prize was awarded to American-Israeli Joel Mokyr, Frenchman Philippe Aghion, and Canadian Peter Howitt of Brown University. Mokyr won it by explaining the conditions that enable economic growth. Aghion/Howitt explained how innovation and change happen and how it’s beneficial for society even while some lose out. All are big proponents of creative destruction. Growth is what economics is about; these winners are inspiring.