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The 2025 Nobel Prizes have been announced, with awards in medicine, physics, chemistry, and other fields. The Nobel Peace Prize will be revealed on October 10. The awards recognize groundbreaking scientific discoveries and efforts to promote peace, with the ceremony scheduled for December 10 in Stockholm and Oslo.
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The Nobel Memorial Prize in Economic Sciences was announced in Stockholm, honoring research on why some countries prosper more than others. Last year’s laureates studied the link between open societies and wealth. The prize is awarded alongside other Nobel categories on December 10.
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On October 13, 2025, Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Memorial Prize in Economic Sciences for their research explaining innovation-driven economic growth. Mokyr received half the prize for historical analysis of technological progress, while Aghion and Howitt shared the other half for their mathematical model of creative destruction, highlighting innovation's role in sustained prosperity.