Nobel Prize

Joel Mokyr’s speech at the Nobel Prize banquet, 10 December 2025 Your Majesties,Your Royal Highnesses,Excellences,Dear laureates,Ladies and gentlemen! On behalf of my co-winners and friends, of the Collège de France and of Brown University, I would like to thank the Nobel Foundation, the  Royal Swedish Academy of Sciences (Kungliga Vetenskapsakademien) and the Central Bank of Sweden…

Watch the Nobel Prize award ceremony from Konserthuset Stockholm, Sweden, 10 December 2025

English Presented by Professor John HasslerMember of the Royal Swedish Academy of SciencesChair of the Committee for the Prize in Economic Sciences Your Majesties, Your Royal Highnesses,Esteemed Laureates, Dear Colleagues,Ladies and Gentlemen, One and a half percent – this year’s prize in economic sciences is about the power of one and a half percent. Close…

Swedish Presentationstal av Professor John HasslerLedamot av Kungliga VetenskapsakademienOrdförande i Kommittén för priset i ekonomisk vetenskap till Alfred Nobels minne Eders Majestäter, Eders Kungliga Högheter,Ärade Pristagare. Kära Kollegor,Mina Damer och Herrar. En och en halv procent – årets pris i ekonomisk vetenskap handlar om kraften i en och en halv procent. Nära noll, kan man…

Artist: Lars Eje LarssonCalligrapher: Marie A. GyöriBook binder: Leonard Gustafssons Bokbinderi ABPhoto reproduction: Dan Lepp© The Nobel Foundation 2025

Artist: Lars Eje LarssonCalligrapher: Marie A. GyöriBook binder: Leonard Gustafssons Bokbinderi ABPhoto reproduction: Dan Lepp© The Nobel Foundation 2025

Artist: Lars Eje LarssonCalligrapher: Marie A. GyöriBook binder: Leonard Gustafssons Bokbinderi ABPhoto reproduction: Dan Lepp© The Nobel Foundation 2025

Peter Howitt receiving his Nobel Prize from H.M. King Carl XVI Gustaf of Sweden at Konserthuset Stockholm on 10 December 2025. Peter Howitt lecturing at the Aula Magna, Stockholm University, 8 December 2025. The 2025 economic sciences laureates gathered on stage after their prize lectures at Stockholm University, 8 December 2025. Economic sciences laureate Peter…

How to sustain economic growth What’s the link between innovation and economic growth?In the last 200 years, we have, for the first time in human history, seen sustained economic growth. The 2025 economic sciences laureates have explained how this trend has been possible and what it needs to continue. They have shown that technological innovation…

Creative Destruction and Economic Growth Peter Howitt delivered his Prize lecture on 8 December 2025 at the Aula Magna, Stockholm University. He was introduced by Kerstin Enflo, member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel.