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“In some ways technology is a great equaliser both within countries and between countries.” Watch this year’s economic science laureate Joel Mokyr talk about the impact of technology, in particular mobile phones, at our Nobel Prize Dialogue event from 2015. Mokyr was awarded the 2025 prize in economic sciences...

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The Nobel Prize

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"History exemplifies how in the past ingenuity has solved the great technical challenges of earlier times." Joel Mokyr, 2025 economic sciences laureate, acknowledged the existential threats we face currently and delivered a message of optimism in his Nobel Prize banquet speech. Humanity has faced challenges before, and we must do what we always do, invent our way out of it. Mokyr was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 “for having identified the prerequisites for sustained growth through technological progress.”
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"History exemplifies how in the past ingenuity has solved the great technical challenges of earlier times." Joel Mokyr, 2025 economic sciences laureate, acknowledged the existential threats we face currently and delivered a message of optimism in his Nobel Prize banquet speech. Humanity has faced challenges before, and we must do what we always do, invent our way out of it. Mokyr was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 “for having identified the prerequisites for sustained growth through technological progress.”

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