The Sovereignty of Innovation and the Innovation of Sovereignty

The 2025 Nobel Prize in Economics is a major milestone for the economic nationalism that fueled the election of Donald Trump and popular support for Brexit.

Joel Mokyr, Philippe Aghion, and Peter Howitt won this year’s prize for explaining how innovation drives economic growth . Their decades of research provide rigorous support for policies the establishment spent years dismissing: the value of political sovereignty, the dangers of regulatory harmonization, and the critical distinction between innovation-driven change and offshoring-driven destruction.

As far as we know, none of these economists would describe themselves as “economic nationalists.” That’s still a forbidden stance in most professional economic circles

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