Philippe Aghion

Member of the Cercle des économistes


Philippe Aghion is a professor at the Collège de France and the London School of Economics, and he is also a member of the Econometric Society and the American Academy of Arts and Sciences. His research focuses primarily on the economics of growth. He is recognized as one of the pioneers of the Schumpeterian growth paradigm, which he developed in collaboration with Peter Howitt. This paradigm was then used to examine the formulation of growth policies and the role of the state in the process of economic growth.

Much of his work is synthesized in books such as “Endogenous Growth Theory” (MIT Press, 1998) and “The Economics of Growth” (MIT Press, 2009), co-authored with Peter Howitt. In addition, he co-authored a book with Rachel Griffith on the link between competition and growth (MIT Press, 2006).

In recognition of his significant contributions, Philippe Aghion has received several awards, including the Yrjo Jahnsson Prize for the best European economist under 45 in 2001, the John Von Neumann Prize in 2009, and in March 2020 he shared the “BBVA Frontier of Knowledge Award” with Peter Howitt for their role in developing an innovation-based theory of economic growth emerging from the process of creative destruction.

Area of Expertise

  • Growth
  • Innovation
  • Institutions
  • Organizations
  • Contracts