Nobel Economics Prize Winners Offer Lessons from History
This year's Nobel economics prize winners provide valuable lessons and warnings from history, particularly relevant in a time when AI threatens to disrupt economies.
Three professors, Joel Mokyr, Philippe Aghion, and Peter Howitt, will share the Nobel Memorial Prize in Economics for their work on how innovation, including technology, drives economic growth.
- Joel Mokyr - Northwestern University
- Philippe Aghion - teaches in Paris and London, from France
- Peter Howitt - Brown University in Rhode Island, from Canada
Their work serves as a warning that history shows growth isn't inevitable, and it has to be nurtured.
Marketplace senior economics contributor Chris Farrell reviewed the work of the prize winners and discussed it with "Marketplace Morning Report" host David Brancaccio.
Author's summary: Nobel winners offer lessons on innovation and economic growth.