2025 Nobel Memorial Prize in Economics: Joel Mokyr
Abstract
This surveys the main themes found in the work of Joel Mokyr, co-winner1 of the 2025 Sveriges Riksbank Prize in Economic Science in Memory of Alfred Nobel. A final section reflects on possible lessons for developing countries like the Philippines.
JEL classification: N13, N70, N73, O31, O32, O33
Keywords
technology, science, Schumpeterian growth, propositional and prescriptive knowledge, Industrial Enlightenment, Scientific Revolution, Industrial Revolution
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