3 share Nobel Prize in Economics for work on technology, growth and creative destruction

NPR
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A bust of Swedish chemist, inventor and businessman Alfred Nobel, founder and namesake of the Nobel Prizes, is pictured on October 6, 2025 at the Karolinska Institute in Stockholm, Sweden.

Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.

(Image credit: Jonathan Nackstrand)

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