Nobel Prize in economics to be split by 3 for work on innovation
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Oct. 13 (UPI) -- Three economists will split the Nobel Prize in economic sciences for their work on economic growth through innovation and technological progress, the Royal Swedish Academy of Sciences announced Monday. One half of the $1.17 million prize will go to Joel Mokyr, a Dutch-born professor at Northwestern University in Illinois. The Nobel Committee awarded him for his work using historical evidence to explain that in order for innovation to fuel sustained economic growth, humans need
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