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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

Trio win Nobel economics prize for work on technology-driven growth

Philippe Aghion Joel Mokyr Peter Howitt Economy
Philippe Aghion, Joel Mokyr, and Peter Howitt, winners of the 2025 Nobel prize in economics
Philippe Aghion, Joel Mokyr, and Peter Howitt, winners of the 2025 Nobel prize in economics Composite: AP/EPA/Brown

Three experts in the power of technology to drive economic growth have been awarded this year’s Nobel prize in economics.

Joel Mokyr of Northwestern University secured half of the 11m Swedish kronor (£867,000) prize, with the rest split between two other academics: Philippe Aghion of the Collège de France, Insead business school and the London School of Economics; and Peter Howitt of Brown University.

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