Nobel Prize in Economics awarded to Daron Acemoglu, Simon Johnson and James A Robinson
By Lokmat English Desk | Updated: October 14, 2024 15:41 IST2024-10-14T15:41:31+5:302024-10-14T15:41:33+5:30
The Nobel Prize in Economics 2024 has been awarded to Daron Acemoglu from Turkey, Simon Johnson and James A. Robinson ...
Nobel Prize in Economics awarded to Daron Acemoglu, Simon Johnson and James A Robinson
The Nobel Prize in Economics 2024 has been awarded to Daron Acemoglu from Turkey, Simon Johnson and James A. Robinson from the US for their significant contributions to economics. The Royal Swedish Academy of Sciences has awarded economists for “studies of how institutions are formed and affect prosperity.”
Their work has demonstrated that societies with weak rule of law and exploitative institutions fail to foster growth or meaningful progress. By studying how institutions are formed and their impact, the laureates' findings offer valuable insights into the conditions necessary for sustainable development and prosperity.
BREAKING NEWS
— The Nobel Prize (@NobelPrize) October 14, 2024
The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”… pic.twitter.com/tuwIIgk393
The prestigious prize, the last of this year's Nobel awards, is worth 11 million Swedish crowns.
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