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Joel Mokyr

Joel Mokyr is an economic historian and professor of economics and history at Northwestern University who studies technological progress and long-run economic growth; he received the Nobel Memorial Prize in Economic Sciences in 2025.

Contents11 sections
Key facts

Birth

Mokyr was born on July 26, 1946, in Leiden, the Netherlands.⁠[1]

Education

Teaching at Northwestern

His early books were Industrialization in the Low Countries, 1795-1850 (1976) and Why Ireland Starved: An Analytical and Quantitative Study of Irish Poverty, 1800-1851 (1983), which Choice magazine named an outstanding publication in economics in 1983. In 1990 he published The Lever of Riches: Technological Creativity and Economic Progress, co-winner of the 1990 International Joseph A. Schumpeter Prize.⁠[2]

1993 Onward: Princeton Economic History of the Western World

Mokyr has been editor in chief of the Princeton Economic History of the Western World series since 1993; he was co-editor of the Journal of Economic History from June 1994 to July 1998 and editor in chief of the Oxford Encyclopedia of Economic History from 1995 to 2003.⁠[2]

1994 Onward: Robert H. Strotz Professor

From 1994 Mokyr has held the Robert H. Strotz Professorship of Arts and Sciences at Northwestern University; he chaired the economics department from 1998 to 2001 and was a fellow of the Center for Advanced Study in the Behavioral Sciences in 2001–02. He is also a Sackler Professorial Fellow at the Eitan Berglas School of Economics, Tel Aviv University.⁠[2]

Academy Memberships

Mokyr became a member of the American Academy of Arts and Sciences in 1996, was elected a foreign member of the Royal Netherlands Academy of Arts and Sciences in 2001 and was elected a foreign member of the Accademia Nazionale dei Lincei in 2004.⁠[2]

Economic History Association and The Gifts of Athena

In 2002 Mokyr published The Gifts of Athena: Historical Origins of the Knowledge Economy, which received the American Political Science Association’s Don K. Price Prize. He served as president of the Economic History Association in 2002–03, having been its vice president in 1993–94.⁠[2]

Appearance on the a16z Podcast

The episode looked back at technological advances between 1500 and 1700 and during the Industrial Revolution, including electricity, cheaper steel, automated looms, water pumping in coal mines and the measurement of longitude at sea. Mokyr argued that a competitive, open market of ideas drove these advances, which the episode likened to a transnational “Republic of Letters” and the early blogosphere; he suggested that conditions such as open-access science and weak ties may be needed to sustain growth today, and argued that the alternative to innovation is stagnation. The discussion also covered how growth is measured, its international and institutional dimensions and the role of shared problems such as climate change.⁠[3]

Nobel Memorial Prize in Economic Sciences

On October 13, 2025, the Royal Swedish Academy of Sciences announced that one half of the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred NobelAlfred NobelAlfred Nobel (1833–1896) was a Swedish chemist, engineer, inventor and industrialist who invented dynamite, the blasting cap, blasting gelatine and the smokeless powder ballistite and founded enterprises in more than 20 countries. Through his will he left his fortune to establish the five Nobel Prizes in physics, chemistry, physiology or medicine, literature and peace.Open the full entry would go to Mokyr “for having identified the prerequisites for sustained growth through technological progress,” with the other half shared by Philippe Aghion and Peter Howitt. At the time of the award he was affiliated with Northwestern University and Tel Aviv University.⁠[5][1]

Mokyr used historical sources to study why sustained growth became the norm after long periods of stagnation; he argued that innovations build on one another only when people understand why they work, which was often lacking before the Industrial Revolution, and that societies must be open to new ideas and accept change.⁠[5]

Related Organizations, Websites, and Public Accounts

Northwestern University: Official website: https://www.northwestern.edu/ (opens in a new window).⁠[6]

Sources

  1. Joel Mokyr – Facts – 2025 (opens in a new window)
  2. Curriculum Vitae: Joel Mokyr (opens in a new window)
  3. a16z Podcast: Knowledge Builds Technology and Technology Builds Knowledge (opens in a new window)
  4. a16z Podcast | Knowledge Builds Technology and Technology Builds Knowledge -- with Joel Mokyr (opens in a new window)
  5. Press release: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 (opens in a new window)
  6. Joel Mokyr, Northwestern University (opens in a new window)