Discover how high prices and limited supply can lead to permanent demand reduction. Learn about demand destruction's impact ...

USF economist warns artificial intelligence could boost economic output while eliminating traditional employment ...

Luxury prices have climbed to new highs in the past few years. Will that change under the new crop of creative directors?

Over half of Londoners expect their job to change in the next year thanks to AI, with the Bank of England governor warning AI ...

Nobel laureate Philippe Aghion explains to Matthew Partridge that competition is the key to innovation, productivity and ...

Economists had enthusiastically lauded the virtues of capitalism in the first decades of the 20th century. But the onset of the Great Depression in 1929, and the total collapse of the economy and ...

Explore intertemporal equilibrium, an essential economic concept that analyzes how current and future decisions affect ...

Brown University Professor Emeritus Peter Howitt, co-architect of the theory of sustained economic growth through creative destruction and co-recipient of the 2025 Nobel Prize in Economic Sciences, ...

Silicon Valley loves a slogan, and “disrupt or be disrupted” became a mantra so clichéd, it was hard to find a pitch deck that wasn’t touting the company as the new disruptive Uber of X, the Netflix ...

Policymakers shaping America's coal policy can learn something important from the 2025 economics Nobel Prize winners about creative destruction, the process by which new technologies replace older ...

The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their “contributions to understanding innovation-driven economic growth.” Among them, Aghion and ...