The Nobel economics prize was awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their work explaining innovation-driven economic growth and the concept of creative destruction, emphasizing the importance of scientific explanations for successful innovation and sustained economic growth.
Claudia Goldin, a Harvard economic historian, has been awarded the 2023 Nobel economics prize for her groundbreaking research on the causes of wage and labor market inequality between men and women. Goldin's work, which spans centuries, provides a comprehensive account of women's earnings and labor market participation, revealing the causes of change and the remaining gender gap. She is the third woman to win the Nobel economics prize and the first to win it individually. Goldin's research has significant societal implications, highlighting the need for understanding and addressing the persistent gender disparities in the workforce.