c.curionodeThe Nobel Archive

2025 · Economic Sciences · Laureate

Joel Mokyr

Economic history

Born
1946 · Leiden, Netherlands
Affiliation at the award
Northwestern University
Prize share
1/2
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Illustrated portrait of Joel Mokyr
Original AI-generated editorial portrait; an artistic interpretation, not a photograph.

A life in context

The person behind the prize

Mokyr is an economic historian whose work investigates the relationship between knowledge and material progress. Born in the Netherlands, he developed an academic career in the United States. His research asks why useful inventions eventually became a sustained process rather than isolated episodes.

The contribution

He explained historical conditions that let scientific understanding and practical skills reinforce one another. Openness to new ideas and the circulation of useful knowledge help explain sustained technological progress.

The idea in plain language

An invention can improve life once. Sustained growth requires a continuing flow of better methods and products. Mokyr investigated the historical conditions that let scientific understanding and practical know-how keep reinforcing each other.

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Sources & further reading

  1. Official laureate record nobelprize.org
  2. Award announcement nobelprize.org

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