Three economists jointly won a Nobel Prize in late 2025 for their groundbreaking quantitative work analyzing how, and why, economies grow. Their math is complicated - but their conclusion is simple: to foster economic expansion, policymakers need to promote technological innovation and stoke competition between rival firms. The surest way to foster that innovation and competition is to strengthen intellectual property rights.
The Nobel Foundation has revealed the first design proposal for the new Nobel Center, a public cultural and educational institution dedicated to science, literature, and peace. Designed by David Chipperfield Architects Berlin, the project will be constructed along Stadsgårdskajen at Slussen in Stockholm, with construction scheduled to begin in 2027 and completion planned for 2031. Conceived as a permanent home for the activities surrounding the Nobel Prize, the building aims to make the work of Nobel Prize laureates accessible to a broad public