(L-R) John Hassler, Chair of the Committee for the Prize in Economic Science in Memory of Alfred Nobel, the Secretary General of the Royal Swedish Academy of Sciences Hans Ellegren and Kerstin Enflo, member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel sit in front of a screen displaying the portraits of the 2025 prize winners (L-R) Joel Mokyr, Philippe Aghion and Peter Howitt, as they addresses journalists during the announcement of the winner of the 2025 Nobel Prize in Economics, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 13, 2025. The Nobel prize in economics was awarded to American-Israeli Joel Mokyr, France's Philippe Aghion and Canada's Peter Howitt for work on technology's impact on sustained economic growth. (Photo by Anders WIKLUND / TT NEWS AGENCY / AFP) / Sweden OUT (Photo by ANDERS WIKLUND/TT NEWS AGENCY/AFP via Getty Images)