2025 Economics Nobel Awarded to Mokyr Aghion and Howitt
The 2025 Bank of Sweden Prize in Economic Sciences, often referred to as the Nobel Prize in Economics, has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt. They received this prestigious accolade for their work on economic growth driven by innovation.
2025 Nobel Prize Recipients
This award is part of the final 2025 Nobel celebrations. Among other laureates are Venezuelan Maria Corina Machado, honored for peace, and Hungarian writer Laszlo Krasznahorkai for literature.
In the field of chemistry, the winners included Richard Robson from the UK, Susuma Kitagawa from Japan, and Omar M. Yaghi from Jordan. The Nobel Prize in Physics was awarded to French physicist Michel Devoret, Briton John Clarke, and American John Martinis. Additionally, the Medicine prize was shared by Japan’s Shimon Sakaguchi and Americans Mary Brunkow and Fred Ramsdell.
Recognizing Innovation in Economics
Mokyr, Aghion, and Howitt’s research highlights how innovation serves as a key driver of economic growth. Their contributions provide insights into how economies can sustain development by embracing technological advancements.
The Nobel Prize in Economics not only honors individual achievements but also underscores the importance of fostering innovation for global progress.
| Category | Winners |
|---|---|
| Peace | Maria Corina Machado |
| Literature | Laszlo Krasznahorkai |
| Chemistry | Richard Robson, Susuma Kitagawa, Omar M. Yaghi |
| Physics | Michel Devoret, John Clarke, John Martinis |
| Medicine | Shimon Sakaguchi, Mary Brunkow, Fred Ramsdell |
| Economics | Joel Mokyr, Philippe Aghion, Peter Howitt |
Emegypt celebrates these achievements, reflecting on the impact of these advancements on society and the world economy.
