Nobel Economics Prize Winners Offer Lessons from History
This year's Nobel economics prize winners provide valuable insights and warnings from history, particularly relevant in today's era of AI-driven economic disruption.
The winners of the Nobel Memorial Prize in Economics are Joel Mokyr of Northwestern University, Philippe Aghion of France, and Peter Howitt, a Canadian professor at Brown University in Rhode Island. Their work focuses on how innovation, including technology, drives economic growth.
Their work serves as a warning that history shows growth isn't inevitable, and it has to be nurtured.
Marketplace senior economics contributor Chris Farrell and host David Brancaccio discussed the winners' work on the "Marketplace Morning Report".
- Joel Mokyr - Northwestern University
- Philippe Aghion - France, teaches in Paris and London
- Peter Howitt - Canadian, Brown University in Rhode Island
Author's summary: Nobel winners offer lessons on economic growth and disruption.