Peter Howitt (economist)

Peter Howitt
Born
Peter Wilkinson Howitt

(1946-05-31) May 31, 1946
Known forAghion–Howitt model
Endogenous growth theory
Creative destruction
Academic background
EducationMcGill University (BA)
University of Western Ontario (MA)
Northwestern University (PhD)
ThesisStudies in the Theory of Monetary Dynamics (1973)
Doctoral advisorRobert W. Clower
Academic work
DisciplineEconomic growth
Macroeconomics
Monetary economics
School or traditionNeo-Schumpeterian economics
InstitutionsUniversity of Western Ontario
Ohio State University
Brown University
Doctoral studentsRoger Farmer
Martín Guzmán
AwardsNobel Memorial Prize in Economic Sciences (2025)
Website

Peter Wilkinson Howitt (born May 31, 1946) is a Canadian economist and the Lyn Crost Professor of Social Sciences Emeritus at Brown University. He is best known for his collaborative work with Philippe Aghion on endogenous growth theory, the concept of creative destruction in modern macroeconomics and the Aghion–Howitt model. In 2025, Howitt and Aghion were jointly awarded the Nobel Memorial Prize in Economic Sciences "for the theory of sustained growth through creative destruction."