Three Share Nobel in Economics for Work on How Technology Drives Growth
The Nobel Memorial Prize in Economic Sciences was awarded on Monday(10.13) to Joel Mokyr of Northwestern University; Philippe Aghion of Collège de France, INSEAD and the London School of Economics; and Peter Howitt of Brown University for their work on how innovation drives economic growth. The three economists shared the prize for research that explains the relationship between technological progress and sustained economic growth that has improved living standards, health and quality of life for people around the world. The…