STOCKHOLM, Oct. 13 (Xinhua) -- The Royal Swedish Academy of Sciences on Monday decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt.
Half of the prize goes to Mokyr "for having identified the prerequisites for sustained growth through technological progress," while the other half is shared by Aghion and Howitt "for the theory of sustained growth through creative destruction."
