Pioneering Economists Win Nobel for Transformative Growth Theory ...Middle East

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In a groundbreaking announcement, Joel Mokyr, Philippe Aghion, and Peter Howitt were awarded the 2025 Nobel economics prize for their insightful research into how innovation spurs economic growth. Their pioneering concepts explain how technological advancements can uplift global living standards through 'creative destruction,' a process that phases out obsolete practices and products.

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