Prize is awarded to trio of researchers Joel Mokyr, Philippe Aghion and Peter Howitt, for explaining “economic growth driven by innovation”. The 2025 Nobel Prize in Economics was awarded to ...

Relative to its size, Israel ranks among the leading countries in Nobel achievements, and its position improved this year, ...

Peter Howitt, Aghion’s long-time collaborator, gave this framework mathematical precision in their landmark 1992 paper A Model of Growth through Creative Destruction. They showed that firms’ pursuit ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

There was a stark warning from the IMF this week as it predicted government debt across the world would hit the highest level ...