Creative Destruction

Column Published in syndication October 15, 2025

Each year, the Royal Swedish Academy of Sciences awards the Nobel Memorial Prize in Economics in recognition of pathbreaking ideas and research that enhance our understanding of critical issues that, directly or indirectly, affect our prosperity and wellbeing. For 2025, three laureates have won the Prize for work unraveling the nature and genesis of technological innovation and its role in fostering sustained economic growth.

• Tags:
• economics,
• Nobel Prize