Now that major geopolitical developments have forced Europeans to rethink how they will ensure their own prosperity, security, and sovereignty, policymakers must not take innovation for granted. This ...

Brown University Professor Emeritus Peter Howitt, co-architect of the theory of sustained economic growth through creative destruction and co-recipient of the 2025 Nobel Prize in Economic Sciences, ...

Ahead of the Nobel Prize ceremony in Sweden, the Brown University economist discussed his research, its lessons for today, and his appreciation for Brown’s stimulating academic environment. PROVIDENCE ...

New technologies offer new opportunities to revamp payment and credit systems, making them not only more efficient but also safer. It would be a shame if these were foregone because banks believe that ...

Those shaping America’s coal policy can learn something important about creative destruction, the process by which new technologies replace older ones through innovation, from the 2025 Nobel Prize ...

Policymakers shaping America's coal policy can learn something important from the 2025 economics Nobel Prize winners about creative destruction, the process by which new technologies replace older ...

Donald Trump’s destruction of the East Wing of the White House is more than just a serious renovation; it is a metaphor for his dismantling of traditional American governance and institutions. The ...

The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their “contributions to understanding innovation-driven economic growth.” Among them, Aghion and ...

This year's Nobel Prize in Economics went to three economists who have studied "creative destruction." As contradictory as it sounds, this concept has dominated 20th century economics. Economics is ...

Forbes contributors publish independent expert analyses and insights. I apply economic insights to improve regulations and their effects. Joseph Schumpeter is having a heyday. In 1942, he coined the ...

The 2025 Nobel Prize in Economics went to three scholars – Joel Mokyr, Philippe Aghion and Peter Howitt. Their work explored an old idea with new relevance: creative destruction. Innovation and ...