Wednesday - October 15, 2025
Foundation for Economic Education Issues Commentary: 2025 Nobel Prize in Economics
October 15, 2025
DETROIT, Michigan, Oct. 15 -- The Foundation for Economic Education issued the following commentary on Oct. 14, 2025:

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The 2025 Nobel Prize in Economics

This year rewards theorists of creative destruction.

By Sergio Martinez

The 2025 Nobel Prize in Economics honors three economists whose work embodies an idea first coined by Joseph Schumpeter: creative destruction. Joel Mokyr, Philippe Aghion, and Peter Howitt have each advanc . . .

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