Nobel economics prize 2025: What's the big idea?
More or Less18 Loka

Nobel economics prize 2025: What's the big idea?

Joel Mokyr, Philippe Aghion and Peter Howitt have been awarded this year’s Nobel Memorial Prize in Economic Sciences.

The three are sharing 11 million Swedish kronor, over a million dollars, after being recognised for their work in the area of “innovation-driven economic growth”. But why does this area matter and what did the three economists actually do? We turn the tables on our presenter Tim Harford, to explain all.

If you’ve seen a number in the news you think we should take a look at, let us know: moreorless@bbc.co.uk

Presenter: Lizzy McNeill Reporter: Tim Harford Series producer: Tom Colls Sound mix: Donald MacDonald Editor: Richard Vadon

Image credit: Johan Jarnestad / The Royal Swedish Academy of Sciences

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2011 in numbers

2011 in numbers

A guide to interesting, informative or just plain idiosyncratic numbers of the year. Plus, does probability really exist? Contributors: David Spiegelhalter, Professor of the Public Understanding of Risk at Cambridge University; Owen Spottiswoode, Fullfact.org; Tracey Brown from Sense about Science; Jil Matheson, UK Statistics Authority; George Monbiot; Sir Mark Walport, Director of the Wellcome Trust; Money Box presenter Paul Lewis; Sports Statistician, Robert Mastrodomenico; Dr Linda Yeuh Economics Correspondent at Bloomberg; Stand up Mathematician Matt Parker

30 Joulu 201128min

Who are the 1% and the 99%?

Who are the 1% and the 99%?

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23 Joulu 201130min

Higgs boson statistics

Higgs boson statistics

In the week scientists at the Large Hadron Collider announced that the most coveted prize in particle physics - the Higgs boson - may have been found, Tim Harford hears that the statistical significance is being mis-reported. Plus, the difficulties of cornering a market (especially when the commodity is a 1980s plastic doll). And, Tim Harford talks to author Keith Devlin about how Fibonacci revolutionised trade by introducing medieval businessmen to simple arithmetic.

16 Joulu 201129min

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9 Joulu 201129min

Pensions, and the Eurozone crisis.

Pensions, and the Eurozone crisis.

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2 Joulu 201128min

Brain Culture Part 3

Brain Culture Part 3

In a change to our usual format, we are podcasting Matthew Taylor's "Brain Culture" series. The former Number 10 strategy head looks at politics and mind control, asking if new knowledge about the human brain will allow us to make better choices or leave us open to ever more manipulation .

29 Marras 201128min

Brain Culture Part 2

Brain Culture Part 2

In a change to the usual format, we are podcasting Matthew Taylor's "Brain Culture" series. Matthew Taylor’s series “Brain Culture” continues. The former Number 10 head of strategy asks whether Britain’s education system will be changed by new insights into how human brains learn and retain knowledge.

22 Marras 201128min

Brain Culture Part 1

Brain Culture Part 1

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15 Marras 201128min

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