If you ever fly to Washington DC, look out of the window as you land at Dulles Airport - and you might snatch a glimpse of the single biggest story in economics right now. There below you, you will ...

AI companies are spending untold billions of dollars building out data centers to support behemoth AI models — and a return on their investments is still nowhere in sight. Valuations have soared well ...

In a paper in 1992, Philippe Aghion and Peter Howitt explained how economic growth is propelled by a cycle of innovation, in which outdated technologies and firms are replaced by newer technology.

A Northwestern University professor has been awarded the Nobel Prize in Economic Sciences for his historical studies on sustained economic growth through technological progress. Joel Mokyr, who has ...

This year's Nobel Prize in economics went to Joel Mokyr, Philippe Aghion, and Peter Howitt for explaining how innovation creates sustained prosperity. It is a prize for a particular way of seeing ...

Joel Mokyr, Philippe Aghion and Peter Howitt have been awarded the 2025 Nobel Prize in Economics. (Photo by Jonathan Nackstrand / AFP) / ALTERNATIVE CROP (Photo by JONATHAN NACKSTRAND/AFP via Getty ...

Joel Mokyr, Philippe Aghion and Peter Howitt won the prize for showing how “society must keep an eye on the factors that generate and sustain economic growth,” an award committee member said. By Eshe ...

The government-backed Public Provident Fund (PPF) continues to be one of India’s most reliable long-term savings schemes, especially for conservative investors. Although PPF has a 15-year lock-in ...

The winners of the 2025 Nobel Prize in Economics underscore how innovation and openness fuel progress—offering lessons for the US–China AI race and the fragility of growth. The 2025 Nobel Memorial ...

Paul Crosby does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

Early Monday morning, Brown Professor Emeritus of Economics Peter Howitt was awarded the Nobel Memorial Prize in Economic Sciences “for the theory of sustained growth through creative destruction,” ...