I am very happy and honored to receive this year’s Max Planck-Humboldt Research Award to study the economic gap between East and West Germany w/ @IWH_Halle. And push forward my research on what drives innovation and how we can improve it @maxplanckpress@UChicago@BeckerFriedman
Featuring insights from UChicago’s @ufukakcigit, this @FinancialTimes piece examines what the AI brain drain means for research, policy, and the future of knowledge production.
Read more: https://t.co/5LiD5KJ54c
Why are universities struggling to keep AI talent?
Because attention, and money, drive where researchers go.
A @BeckerFriedman research brief on our new paper with Craig Chikis, Emin Dinlersoz, and @ngoldschlag (@UChi_Economics@UofC@UChicagoSSD):
https://t.co/2VxZWPcXii
AI talent is rapidly leaving academia for industry. By 2019, 68% of AI scientists worked in firms. Top AI salaries in industry rose from $595K to $1.9M, while academic pay barely moved.
Attention—and money—are reshaping where innovation happens.
https://t.co/VjSuzTFFLw
The @WorldBank's 2024 World #Development Report owes much to these three great minds--and one not pictured, my colleague @SomikCities: From L-R, #Nobel laureates Peter Howitt and Philippe Aghion with @UChicago's @ufukakcigit. https://t.co/sW41fLUwXY
Nobel laureate Philippe Aghion cites the groundbreaking work of my @WorldBank colleague Somik Lall and @ufukakcigit, authors of the 2024 World Development Report.
2025 prize lectures in economic sciences | Joel Mokyr, Philippe Aghion a... https://t.co/fficNyCoAX via @YouTube
I’m deeply honored to receive this year’s @kocuniversity Rahmi Koç Science Medal. Our work on growth, innovation, & entrepreneurship is powered by an amazing team. I am infinitely grateful to all my students, co-authors, and mentors. @UChicago@UChi_Economics
Pleased to celebrate @ufukakcigit, the 2025 @kocuniversity Rahmi M. Koç Medal of Science recipient! Learn more about his groundbreaking work and the medal: https://t.co/CMMflOp9cC
The November issue of JPE is now available at https://t.co/PSq6NTb5kJ. This issue features an In Memoriam to Robert E. Lucas Jr.--a tribute to his lasting impact on economics and as JPE editor. Contributors include T. Sargent, F. Alvarez, B. Jovanovic, and N. Stokey. #econtwitter
A historic day! My dear coauthors Philippe and Peter, along with our friend Joel, have received the Nobel Prize for Creative Destruction. I couldn’t be prouder—what a moment for economics, innovation, and the spirit of creative destruction!
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth” with one half to Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Aghion and Howitt “for the theory of sustained growth through creative destruction.”
#NobelPrize
When the time comes, #Ukraine️'s reconstruction will depend on a lot more than the rebuilding of roads and bridges. @UChicago's @ufukakcigit and my @WorldBank colleague @SomikCities draw lessons from the example of West Germany after World War II.
https://t.co/gbQPRKYggf
LIVE at #GrowthAcademy25: "The Marshall Plan: Then and Now". What happened during postwar Europe’s recovery—and what lessons can we draw for growth today? Joel Mokyr (@NUEconomics) highlights strategies, policies, and attitudes that shaped a turning point in #EconomicHistory.
LIVE at #GrowthAcademy25: “Can AI Transform Public Service Delivery?” Michael Kremer (@DILatUChicago) walks through the possibilities of developing more efficient public services worldwide.
#PublicServiceAI
LIVE at #GrowthAcademy25: Innovation needs venture capital—but policy is the wild card. @realjoshlerner (@HarvardHBS) explains why fueling startup ecosystems takes smart investment and even smarter governance in "Growing Entrepreneurial Clusters and Innovation".
#GlobalVenture
LIVE at #GrowthAcademy25, Day 4: @somikcities (@WorldBank_IEG) builds on yesterday's energy crisis session with "Energy, Emissions, and Creative Destruction", outlining the need for global energy efficiency and cooperation.
#EnergyEfficiency
LIVE at #GrowthAcademy25: Prof. Michael Greenstone (@UChiEnergy) discusses "The Economics of the Global Energy Challenge," emphasizing how nations must balance reliable energy, clean air, and climate goals—and the importance of pricing energy’s true costs.
#EnergyEcon