(L-R) John Hassler, Chair of the Committee for the Prize in Economic Science in Memory of Alfred Nobel, the Secretary General of the Royal Swedish Academy of Sciences Hans Ellegren and Kerstin Enflo, member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel sit in front of a screen displaying the portraits of the 2025 prize winners. (Photo by Anders Wiklund / TT NEWS AGENCY / AFP)
Stockholm: The Nobel prize in economics was awarded on Monday to America's Joel Mokyr, France's Philippe Aghion and Canada's Peter Howitt for work on technology's impact on sustained economic growth.
Mokyr won one half of the prize "for having identified the prerequisites for sustained growth through technological progress", while Aghion and Howitt shared the other half "for the theory of sustained growth through creative destruction", the jury said.
