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Nobel Prize Winner Discusses What's Holding Europe Back: "Today We Have Too Many Psychologists"

Summary by money.pl
People were told they could enroll in any program they wanted, without paying enough attention to whether they would be able to find a job in that field later, said Philippe Aghion, last year's Nobel laureate in economics, in an interview for money.pl. He believes Europe is clipping its own wings and falling behind the U.S. Billions of euros in investments aren't enough – a change in approach to innovation, risk, and education is needed.
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People were told they could enroll in any program they wanted, without paying enough attention to whether they would be able to find a job in that field later, said Philippe Aghion, last year's Nobel laureate in economics, in an interview for money.pl. He believes Europe is clipping its own wings and falling behind the U.S. Billions of euros in investments aren't enough – a change in approach to innovation, risk, and education is needed.

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money.pl broke the news on Thursday, October 29, 2026.
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