A Nobel for thinking about long-term growth

Posted on by S. Abbas Raza

Noah Smith at Noahpinion:

Well, it’s time for my annual Economics Nobel post! If you like, you can also check out my posts for 2024, 2023, 2022, and 2021.

Other than the tired old question of whether the Econ Nobel is a “real” Nobel prize,1 there are basically three things to talk about in these posts:

    1. The research that got the prize
    2. What the prize says about the economics profession
    3. What the prize says about politics and policy in the wider world

So first let’s briefly talk about the research. This year’s prize went to Joel Mokyr, for writing about culture and growth, and Philippe Aghion and Peter Howitt, for making models of technological innovation.

More here.

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