Peter Howitt (economist)

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Peter Howitt
Born
Peter Wilkinson Howitt

(1946-05-31) May 31, 1946 (age 79)
Guelph, Ontario, Canada
Known for Endogenous growth theory
Creative destruction
Academic background
Education McGill University (BA)
University of Western Ontario (MA)
Northwestern University (PhD)
Thesis Studies in the Theory of Monetary Dynamics  (1973)
Doctoral advisor Robert W. Clower

Peter Wilkinson Howitt [3] (born May 31, 1946 [4] [5] ) is a Canadian economist. He is currently the Lyn Crost Professor of Social Sciences at Brown University. He and Philippe Aghion shared half of the Nobel Memorial Prize in Economic Sciences in 2025 "for the theory of sustained growth through creative destruction." [6]

Contents

Early life and education

Howitt was born in Guelph, Canada in 1946. [7]

Howitt received his BA in economics from McGill University in 1968. [8] Afterward, he gained a Master's in economics from the University of Western Ontario in 1969. [8] Howitt obtained his PhD in Economics from Northwestern University in 1973. [6] His doctoral advisor was Robert W. Clower. [9]

Academic career

Howitt returned to Canada after receiving his PhD and taught at University of Western Ontario from 1972 to 1996. [8] He became a faculty member at the Ohio State University in 1996 and joined Brown University in 2000, where he has remained since. [8]

He served as president of the Canadian Economics Association in 1993–1994 and was the editor of the Journal of Money, Credit, and Banking in the period 1997–2000. [10]

Honours and awards

Howitt is a Fellow of the Econometric Society since 1994 [11] and a Fellow of Royal Society of Canada since 1992. [10]

In 2019, Howitt and Philippe Aghion jointly received the BBVA Foundation Frontiers of Knowledge Award in Economics. [12] Howitt and Aghion were jointly awarded half of the Nobel Memorial Prize in Economic Sciences in 2025 "for the theory of sustained growth through creative destruction”, the other half going to Joel Mokyr. [6]

Books

References

  1. ↑ "Philippe Aghion, Peter Howitt and Joel Mokyr win 2025 Nobel Prize in Economics". Le Monde. 2025-10-13. Retrieved 2025-10-13.
  2. ↑ "Martín Guzmán (PhD 2013) was appointed as Argentina's Economy Minister | Economics | Brown University". economics.brown.edu. Retrieved 2025-10-13.
  3. ↑ "Wilfrid Laurier University announces honorary degree recipients". www.laurieralumni.ca. Retrieved 2025-10-13.
  4. ↑ "Peter Howitt facts". The Nobel Prize.
  5. ↑ Chevance, Catherine. "Scientific Folder DHC Peter Howitt - Gredeg". Gredeg (in French). Archived from the original on 2025-04-25.
  6. 1 2 3 The Royal Swedish Academy of Sciences (13 October 2025). "The Prize in Economic Sciences 2025" (PDF).
  7. ↑ Bueckert, Kate. "Guelph's Peter Howitt Nobel win 'a proud moment' for Ontario universities where he studied and worked". CBC News.
  8. 1 2 3 4 "Brown University economics professor Peter Howitt wins Nobel Prize in Economic Sciences | Brown University". www.brown.edu. 2025-10-13. Retrieved 2025-10-13.
  9. ↑ Laidler, David (2022-01-01). "2022-11 Peter Howitt – a Keynesian Still in Recovery". University of Western Ontario Department of Economics Research Report Series. hdl:20.500.14721/11869.
  10. 1 2 Mcdevitt, Neale (2025-10-13). "McGill Alumnus Peter Howitt awarded 2025 Nobel Prize in Economics for work on innovation and growth". McGill Reporter. Retrieved 2025-10-13.
  11. ↑ "Current Fellows". www.econometricsociety.org. Retrieved 2025-10-13.
  12. ↑ "Peter Howitt, 12th Frontiers of Knowledge Award in Economics, Finance and Management". Premios Fronteras. Retrieved 2025-10-13.

External sources

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