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Some never doubted: the 2025 Nobel Prize in Economics vindicates industrial property as the driving force behind progress

The Nobel Prize awarded to Mokyr, Aghion and Howitt emphasises the link between innovation, growth and protection of ideas. A few days ago, the Bank of Sweden announced that the 2025 Nobel Prize in Economics was being awarded to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth”. Based on different … Read more