LSE professor shares Nobel economics prize for innovation work

Rare win for Europe-based economist sees Philippe Aghion rewarded for mathematical modelling of how ‘creative destruction’ underpins growth

Published on
October 13, 2025
Last updated
October 14, 2025
Nobel Prize illustrating news article about Abdulrazak Gurnah, winner of 2021 Nobel Prize in Literature
Source: iStock

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Reader's comments (1)

There is no such thing as a "Nobel prize for economics". Alfred Nobel knew "economics" to be a cheap game for third-rate conmen. This "Prize" is a "memorial prize" in his memory, paid for by a bank in the 1970s because they were sad they couldn't win a real Nobel prize for their joke of a "discipline".

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