Philippe AGHION

Bio

Philippe Aghion is a professor at the Collège de France, the London School of Economics and INSEAD. He is also a member of the Econometric Society and the American Academy of Arts and Sciences. His research mainly focuses on the economics of growth. He is recognized as one of the pioneers of the Schumpeterian growth paradigm, which he developed in collaboration with Peter Howitt. This paradigm was then used to examine the formulation of growth policies and the role of the state in the process of economic growth. He received in 2025 the Bank of Sweden Prize in Economics in memory of Alfred Nobel alongside Peter Howitt and Joel Mokyr.

Much of his work is summarized in such books as "Endogenous Growth Theory" (MIT Press, 1998) and "The Economics of Growth" (MIT Press, 2009), written in collaboration with Peter Howitt. In addition, he co-authored a book with Rachel Griffith on the link between competition and growth (MIT Press, 2006).

In recognition of his significant contributions, Philippe Aghion has received several awards, including the Yrjo Jahnsson award for best European economist under 45 years old in 2001, the John Von Neumann Prize in 2009, and in March 2020 he shared the "BBVA Frontier of Knowledge Award" with Peter Howitt for their role in developing a theory of economic growth based on innovation emerging from the process of creative destruction.