Analysis Group Congratulates 2025 Nobel Laureate Philippe Aghion

October 17, 2025

Analysis Group congratulates Philippe Aghion on being awarded the 2025 Nobel Prize in Economic Sciences, along with Peter Howitt and Joel Mokyr. The Nobel Committee awarded this year’s prize “for having explained innovation-driven economic growth” and recognized Professors Aghion and Howitt for their prior research on “the theory of sustained growth through creative destruction.”

In 2023, Analysis Group was privileged to cohost a roundtable discussion with a number of competition policy experts, including Professor Aghion, former director-general of DG Comp Olivier Guersent, president of the French Competition Authority Benoît Cœuré, Cleary Gottlieb partner Séverine Schrameck, and Analysis Group Managing Principal Antoine Chapsal. The panelists discussed how competition and M&A intersect with sustainability and data privacy, as well as the relationship between competition and innovation. Professor Aghion also gave an insightful keynote speech on the relationship between competition and sustainability.

Currently a professor at the Collège de France, INSEAD, and the London School of Economics and Political Science, Professor Aghion has made several contributions to our economic understanding of the world, including fundamental work on the relationship between competition and innovation. Through his array of publications, he has enhanced our understanding of competition policy, exclusionary conduct, and sustainability.

He has also led multiple initiatives to encourage the spread of ideas, having launched the Campus de l’innovation pour les lycées (Innovation Campus for High Schools), designed to familiarize high school students from disadvantaged areas with research in economics, political science, biology, and mathematics. Additionally, Professor Aghion founded the Farhi Innovation Lab, a research center aimed at mobilizing talented young researchers and world-renowned specialists to better understand innovation, the drivers of productivity, and business dynamics.

We are pleased to see Professor Aghion’s contributions to economics recognized, including those related to competition policy, innovation, and economic growth. The firm warmly congratulates Professor Aghion and all of this year’s Nobel laureates on this highest of recognitions.

Read more about the roundtable discussion