2025 Nobel Prize for Economics celebrates innovation
Published on: Oct. 13, 2025, 10:58 p.m. | Source: The Economic Times
The Nobel Prize in Economics recognizes economists for explaining innovation-driven growth. Their work highlights the link between science, technology, and societal acceptance of change. This award emphasizes the importance of practical skills and social mobility for economic advancement. It also suggests a need for R&D subsidies and worker protection, challenging free-market assumptions.
