Three Economists Win 2025 Nobel Prize for Innovation Research

    Image copyright: 

    The Spin

    Technological innovation through creative destruction powers sustained economic growth, transforming societies by replacing outdated methods with superior ones and boosting living standards everywhere. Societies thrive when open to change, linking scientific knowledge with practical applications to fuel endless progress. Embracing this process ensures prosperity lifts billions out of poverty without fail.

    Protectionist policies like those in the US crush global innovation and economic growth by blocking open competition essential for creative destruction. True progress demands rejecting such barriers to foster worldwide collaboration in research and markets. Upholding free trade guarantees innovation flourishes and stagnation gets avoided at all costs.


    The Controversies




    © 2025 Improve the News Foundation. All rights reserved.Version 6.17.0

    © 2025 Improve the News Foundation.

    All rights reserved.

    Version 6.17.0