""People always say this, but in this case I am being truthful-I had no clue that anything like this was going to happen," he said."
""I told them that I was more likely to be elected Pope than to win the Nobel Prize in economics-and I am Jewish, by the way.""
""This is the type of job that I dreamed about my entire life," he said."
""I am not welcoming the protectionist way in the US. That is not good for ... world growth and innovation.""
Joel Mokyr, Philippe Aghion, and Peter Howitt won the Nobel Memorial Prize in Economic Sciences for research on how innovation affects economic growth and the process known as creative destruction. Mokyr used economic history and primary historical sources to analyze long-term trends. Aghion and Howitt developed mathematical models that explain how new technologies displace older ones and quantify the dynamics of innovation-driven growth. Mokyr, 79, at Northwestern; Aghion, 69, at Collège de France and LSE; and Howitt, 79, at Brown exemplify complementary methodological approaches. Mokyr expressed surprise and intends to keep working; Aghion plans to invest his prize money in a research laboratory and warned that protectionism harms global growth and innovation.
Read at Fast Company
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