The Nobel Prize in Economics was awarded for explaining innovative growth
The Nobel Prize in Economics was awarded to Joel Mokir, Philippe Agyon and Peter Howitt for "explaining innovative economic growth." The relevant information was published on the website of the Nobel Committee on October 13.
It is noted that Joel Mokir was awarded "for defining the prerequisites for sustainable growth through technological progress." Philippe Agyon and Peter Howitt were awarded "for the theory of sustainable growth through creative destruction."
On October 7, the Nobel Prize in Physics was awarded to scientists John Clark, Michelle Devore and John Martinis for their achievements in quantum mechanics. It is specified that the scientists were awarded for "the discovery of macroscopic quantum mechanical tunneling and quantization of energy in an electrical circuit."
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