The Nobel Prize in Economics was awarded to Joel Mokir, Philippe Agyon, and Peter Howitt for their work on “explaining innovative economic growth.” The announcement was made by the Nobel Committee on October 13. Mokir received recognition for “defining the prerequisites for sustainable growth through technological progress,” while Agyon and Howitt were honored for “the theory of sustainable growth through creative destruction.”
The Nobel Prize in Physics was conferred on October 7 to John Clark, Michelle Devore, and John Martinis for their advancements in quantum mechanics. The committee highlighted their research on “the discovery of macroscopic quantum mechanical tunneling and quantization of energy in an electrical circuit.”
No further details about the Nobel Prize in Medicine were provided in the original text.
