Nobel committee recognises theories of tech-driven growth
Joel Mokyr, Philippe Aghion and Peter Howitt share economics prize
Joel Mokyr, Philippe Aghion and Peter Howitt were today (October 13) awarded the Nobel Prize in economics for their work in establishing why technology sometimes drives growth and why it sometimes fails to do so.
Economic historian Mokyr was awarded half of the Skr11 million ($1.2 million) prize money, with the remainder split equally between economists Aghion and Howitt.
Many economists have explored the foundations of growth, notably Robert Solow, who won the Nobel Prize in 1986, and Paul Romer
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