Who are Joel Mokyr, Philippe Aghion and Peter Howitt-Nobel laureates for innovation-driven economic growth

Joel Mokyr, Philippe Aghion and Peter Howitt received the 2025 Severies Riksbank Prize in Economic Sciences in memory of Alfred Nobel 2025 for their contributions to innovation-driven economic growth. Mokyr’s share recognizes his work on technological advances, while Aghion and Howitt are honored for their theory of creative destruction. Who is Joel Mokyr? Mokyr, who was born on July 26, 1946, is attached to the North -West University, Evanston, at the time of the award. He was honored “because he identified the prerequisites for sustained growth through technological advances.” Joel Mokyr examines the economic history of Europe, focusing on 1750-1914. He is a member of the American Academy of Arts and Sciences, The Econometric Society, the Cliometric Society, the British Academy, the Italian Accademia Dei Linci, and the Dutch Royal Academy. He served as President of the Economic History Association, the Oxford Encyclopedia of Economic History, and has roated the Journal of Economic History. In 2006 he received the Heineken Award for History of the Royal Dutch Academy of Sciences, a bi -annual honor, and in 2015 he was awarded the Balzan International Prize for Economic History. Mokyr has supervised more than forty doctoral dissertations in the Economics and History Department. Who is Peter Howitt? Peter Howitt received the Nobel Prize “for the theory of sustained growth through creative destruction.” Peter Howitt is a professor of economics and the line Crost professor in social sciences at Brown University. He served on the Ohio State University from 1972 to 1996 at the Faculty of the University of Western Unario and from 1996 to 2000. Most of his research focuses on macro economy and monetary economy. He makes an important contribution to the development of the modern “Schumpeterian” approach to economic growth language. He actively sought new foundations in macro economy and monetary theory and wrote extensively about Canadian monetary policy. Who is Philippe Aghion? Philippe Aghion, born August 17, 1956, is a professor at the Collège de France and Insead, a visiting professor at the London School of Economics, and a fellow of the Econometric Society and the American Academy of Arts and Sciences. He was honored with the Nobel Prize for Economics for “for the theory of sustained growth through creative destruction.” His research focuses on the economy of growth. Together with Peter Howitt, he worked on the Schumpeterian growth paradigm, which was later used to analyze the design of growth policies and the role of the state in the growth process.