The Nobel Prize in economics was awarded to a trio of researchers Monday for their work on how cycles of technological innovation feed economic growth. Joel Mokyr of Northwestern University, Peter ...
Discover the Austrian School of Economics, its key principles, major contributors like Menger and Hayek, and its influence on economic thought and policy today.
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 ...