Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for their research on how technological innovation fuels economic growth and creative destruction.

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 ...

Joel Mokyr was lauded by the Nobel committee Monday for demonstrating how innovations become a “self-generating process.” ...

Learn about labor-intensive industries like agriculture and hospitality. Understand their characteristics, examples, and how labor costs affect financial outcomes.

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 ...