Graduate school of arts and sciences

Alumnus wins Nobel Prize

Joel Mokyr ’74PhD (economics) has won the 2025 Nobel Prize in economic sciences. 

Mokyr, who studies the economic history of Europe, was recognized by the Royal Swedish Academy of Sciences for his theory explaining how sustained economic growth occurs. He was awarded half of the 2025 Nobel Prize; the other half was awarded to two economists, Philippe Aghion of the Collège de France and the London School of Economics and Peter Howitt of Brown University.

Mokyr is the fourth Yale-trained Nobel laureate in economics in recent years, 
joining James A. Robinson ’93PhD, who won the prize in 2024, and Douglas W. Diamond ’80PhD and Philip H. Dybvig ’79PhD, who shared it in 2022. 

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