"Emmanuel, hurry up!": When Aghion, the new Nobel Prize winner in Economics, was Macron's professor

On Monday, October 13, we celebrate a proud moment as French economist Philippe Aghion is awarded the 2025 Nobel Prize in Economics for his research on growth driven by innovation. Specifically, he is recognized for his work on Schumpeterian theory of creative destruction: the process through which breakthrough innovations render previous technologies and companies obsolete, paving the way for new productive forms. Aghion shares this prestigious accolade with American-Israeli economist Joel Mokyr.