First reactions | Philippe Aghion, prize in economic sciences 2025 | Telephone interview

“Peter, Peter, make yourself available, your phone, they’re trying to reach you!” Listen to Philippe Aghion telling Peter Howitt that the Royal Swedish Academy of Sciences has been attempting to call him, captured as part of this call made shortly after the public announcement of their joint 2025 economic sciences prize. In this conversation with the Nobel Prize’s Adam Smith he also reveals his joy and surprise at the news, discusses the implications of their ‘creative destruction’ model of sustained economic growth, and suggests paths to ensuring that the fruits of growth can be more widely shared.

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