#VantageOnFirstpost: Every October, the Nobel Committee honours people who help us understand the world better. This year’s Economics Prize went to Joel Mokyr, Philippe Aghion, and Peter Howitt — for explaining how innovation and creative destruction power economic growth. From Shiva’s Tandav to the fall of Nokia and the rise of AI, it’s the same story: the old must fall for the new to rise. So, what exactly is creative destruction? Palki Sharma tells you. | Firstpost