Nobel Prize for Economics Awarded
The Nobel Prize committee on Monday awarded the economics award to Joel Mokyr, Philippe Aghion and Peter Howitt.
The award was given for "having explained innovation-driven economic growth".
This year’s laureates in economic sciences, Joel Mokyr, Philippe Aghion and Peter Howitt, explain how innovation provides the impetus for further progress.
Technology advances rapidly and affects us all, with new products and production methods replacing old ones in a never-ending cycle, resulting in a better standard of living, health and quality of life for people around the globe.
Authors: Joel Mokyr, Philippe Aghion and Peter Howitt awarded.
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