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标题：The Prize in Economic Sciences 2025

正文：The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 to Joel Mokyr, Philippe Aghion and Peter Howitt
“for having explained innovation-driven economic growth”
with one half to
Joel Mokyr
Northwestern University, Evanston, IL, USA
“for having identified the prerequisites for sustained growth through technological progress”
and the other half jointly to
Philippe Aghion
Collège de France and INSEAD, Paris, France, The London School of Economics and Political 
Science, UK
Peter Howitt
Brown University, Providence, RI, USA
“for the theory of sustained growth through creative destruction”
They show how new technology can drive sustained growth
Over the last two centuries, for the first time in history, the world has seen sustained economic growth. This has lifted vast numbers of people out of poverty and laid the foundation of our prosperity. This year’s laureates in economic sciences, Joel Mokyr, Philippe Aghion and Peter Howitt, explain how innovation provides the impe tus for further progress.
About the prize
In 1968, Sveriges Riksbank (Sweden's central bank)established the Sveriges Riksbank Prize in Economic Sciencesin Memory of Alfred Nobel. The prize is based on a donationreceived by the Nobel Foundation in 1968 from SverigesRiksbank on the occasion of the bank's 3ooth anniversary.The prize amount is the same as for the Nobel Prizes and ispaid by the Riksbank. The frst prize in economic sciences wasawarded to Ragnar Frisch and Jan Tinbergen in 1969.
Figure 4. Over the past 200 years, annual growth has been around 1.5 per cent in Sweden and the United Kingdom. Technological innovations and scientific
progress have built upon each other in an endless cycle.

知识点：lift v. /lɪft/
to raise something to a higher position or level; to improve or increase 提高；改善；抬起
• The new policy aims to lift millions of people out of poverty. 新政策旨在使数百万人脱离贫困。
• Her achievements helped lift the reputation of the entire institution. 她的成就提升了整个机构的声誉。

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