Mokyr, Aghion & Howitt Win 2025 Nobel in Economics for Innovation Research

Joel Mokyr, Philippe Aghion, and Peter Howitt have won the 2025 Nobel Prize in Economics for their groundbreaking work on innovation-driven economic growth. Mokyr studied historical factors behind sustained growth, while Aghion and Howitt developed a model of creative destruction, showing how new technologies replace old ones to drive progress. The award, worth 11 million Swedish crowns ($1.2 million), highlights the crucial role of innovation in shaping the world’s economies. The Indian Express covers a wide spectrum of national and international news, including daily updates, political developments, election coverage, gadget and mobile reviews, technology updates, entertainment news, Bollywood trends, sports news and public opinions on daily topics. The Indian Express's comprehensive coverage extends to global events, providing insightful analysis on international affairs. With a focus on both Indian and global perspectives, the Indian Express delivers top-notch editorial analysis and in-depth reporting. Stay informed with the latest news, trends, explained and expert views from India and around the world. You can search us on YouTube by: @indianexpress, indian express, indian express newspaper today,indian express newspaper,indian express editorial analysis,indian express analysis,indian express analysis today,indian express,indian express news,the indian express newspaper analysis,the indian express,the indian express newspaper analysis today,the indian express editorial analysis,the indian express newspaper. Stay Tuned To Indian Express For More Updates: https://indianexpress.com/ Watch Out Our Weekly Shows: 🡆 Political Pulse - https://youtube.com/playlist?list=PLrDg7LoYgk9yWQFKrxgIIWgWV-Mbq2jwC 🡆 Express Explained In 60 Seconds - https://youtube.com/playlist?list=PLrDg7LoYgk9wf6MYiN9rR3zN3f-lWmfaS 🡆 Zero Hour with Derek O' Brien - https://youtube.com/playlist?list=PLrDg7LoYgk9w95L5sHxAhGVlNgsRFhMHq 🡆 Indian Express Explained - https://youtube.com/playlist?list=PLrDg7LoYgk9y8Wm50M57nutw5usWUkb-k 🡆 UPSC Essentials- https://www.youtube.com/watch?v=TuhtH8j4stw&list=PLrDg7LoYgk9wBTnLuSQmbj1_6U1K6IOYI