1. Joel Mokyr, Philippe Aghion, and Peter Howitt have won the Nobel Prize in Economic Sciences for explaining innovation-driven economic growth.
2. Mokyr used historical sources to uncover the causes of sustained growth, emphasizing society's openness to change as a key factor.
3. Aghion and Howitt developed a mathematical model for "creative destruction," demonstrating that the continuous replacement of old products with new and better ones is essential for continued growth.
2. Mokyr used historical sources to uncover the causes of sustained growth, emphasizing society's openness to change as a key factor.
3. Aghion and Howitt developed a mathematical model for "creative destruction," demonstrating that the continuous replacement of old products with new and better ones is essential for continued growth.
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Summary
Nobel Prize in Economic Sciences awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining innovation-driven growth. Mokyr analyzed historical data to highlight societal openness to change as a crucial factor. Aghion and Howitt developed a mathematical model for "creative
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ID: b5d4e6d2-dbc8-4d80-97ba-eb8883395385
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251013_17/#summary
Date: Oct. 13, 2025
Notes: 2025-10-13
Created: 2025/10/13 23:10
Updated: 2025/12/08 00:30
Last Read: 2025/10/14 07:42