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Trio win Nobel economics prize for work on innovation, growth and 'creative destruction' - Sight Magazine Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel economics prize for work on how "creative destruction" can drive growth.

Trio win Nobel economics prize for work on innovation, growth and ‘creative destruction’ @sightmagazine.bsky.social #NobelPrizeforEconomics #JoelMokyr #PhilippeAghion #PeterHowitt #creativedestruction

sightmagazine.com.au/news/trio-wi...

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need an economist to help me out here …

“through most of history there was no growth basically, even though there was innovation and technological change”
(Nobel committee)

isn’t that because economic growth coincided with discovery of a certain labour saving substance? 😵‍💫

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Why Nations Fail In 2012 two economists claimed they knew why countries succeeded or failed. They didn’t. But they were onto something

The authors of this book have just shared (with Simon Johnson) the Nobel Prize for Economics.
Not sure how I feel about this. An all-encompassing theory of history is rarely correct. But the book was certainly thought-provoking.
A look at Why Nations Fail.
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3 economists win Nobel Prize for studies on institutions and prosperity US-based academics Daron Acemoglu, Simon Johnson and James Robinson won the 2024 Nobel Economics Prize "for studies of how institutions are formed and affect

3 economists win Nobel Prize for studies on institutions and prosperity
#NobelPrize #NobelPrizeForEconomics
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