Nobel Prize in Economics 2025: Joel Mokyr, Philippe Aghion and Peter Howitt Became Laureates

The global scientific community celebrates an important event: today, the laureates of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2025 were announced. Distinguished economists Joel Mokyr, Philippe Aghion, and Peter Howitt were honored with this prestigious award for their significant contributions to understanding global economic processes and the development of modern economic thought.

According to Baku.Ws, citing INTERFAX agency, the Swedish National Bank decided to recognize the achievements of these three scientists by awarding them one of the most prestigious honors in economic sciences. This announcement traditionally generates wide interest in academic and financial circles, as it highlights key research directions and theoretical developments that shape modern economic thought and influence global economic strategies.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, often informally called the Nobel Prize in Economics, is awarded annually for outstanding contributions to this field. Although the committee did not disclose specific justifications for their work at the time of the announcement, the recognition of Mokyr, Aghion, and Howitt emphasizes the significance of their theoretical and empirical research for the development of economic theory and practical application in the global economy. Their names will take a worthy place among the constellation of great economists honored with this award for pioneering ideas and contributions to science.