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Economists win Nobel for innovation

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Joel Mokyr, Philippe Aghion and Peter Howitt were awarded the Nobel Prize in Economic Sciences for their work on "creative destruction," arguing firm turnover and innovation drive long‑run economic growth.

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gwagner.com
Headline of today's @financialtimes.com Moral Money newsletter nails the lesson from the Econ Nobels:

"Why green growth needs more destruction"

Yup.
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cfcamerer.bsky.social
All of this reporting on the Nobel Peace Prize is thoroughly misguided noise. The Nobel process is impervious to lobbying. In Trump’s case it would clearly not help and likely backfire
thetnholler.bsky.social
Just now— @SpeakerJohnson announces he will lead a global pressure campaign to get the narcissist-in-chief a Nobel Prize next year

(Also revealing he doesn’t understand what “objective facts” are)
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maliranta.bsky.social
Nobelin muistopalkinto taloustieteelle annettiin juuri tutkimukselle, jossa tätä asiaa selvitetään. Tuossa kirjoituksessa yritän lyhyesti avata tuon kirjallisuuden sisältöä www.taloustieteellinenyhdistys.fi/wp-content/u...
www.taloustieteellinenyhdistys.fi
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Reposted by Helmut Reisen

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daveevansphd.bsky.social
Michael Kremer at @CGDev today speaking about social innovation funds.

You can watch the talk www.youtube.com/watch?v=P8q5...

or read an older version of the analysis he presented bpb-us-w2.wpmucdn.com/voices.uchic...
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monika-schnitzer.com
Congrats to the 2025 Nobel laureates in Economics, Philippe Aghion, Peter Howitt & Joel Mokyr!
Their work shows that innovation and technological change are essential for sustaining long-term growth. Insights we should take very seriously, now more than ever.

Reposted by Helmut Reisen

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irwincollier.bsky.social
#EconSky With "creative destruction" back in fashion, Economics in the Rear-view Mirror offers a glance at advanced economic theory taught at Harvard in 1948-49 by Joseph Schumpeter. His course reading lists included nine future Nobel laureates. www.irwincollier.com/harvard-adva...
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Reposted by Steve Keen

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istuetzle.bsky.social
Der Nicht- #Nobelpreis für #Wirtschaftswissenschaften ging dieses Jahr mitunter an Philippe #Aghion und Peter #Howitt »for the theory of sustained growth through creative destruction«.
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