In summary, the work of Acemoglu, Johnson, and Robinson underscores that a nation's fate is not determined by geography or ...

Acemoglu, Johnson and Williams won a prize for applying economics to the very things economics is inherently bad at figuring ...

He noted that while it’s customary to credit award winners, the Nobel Prize in Economics creates a hierarchy of knowledge ...

“When citizens feel seen and heard, their trust in the system is reinforced,” says analyst Farrukh Khan Pitafi. As per Mr Wolf, politics must be susceptible to the influence of all citizens, not just ...

Last week, Royal Swedish Academy of Sciences awarded the Sveriges Riksbank (Central Bank of Sweden) instituted Nobel Memorial ...

The Royal Swedish Academy of Sciences last week awarded the “Central Bank of Sweden’s Prize in Economic Sciences in Memory of ...

In their landmark book ‘Why nations fail: the origins of power, prosperity, and poverty’, published a little more than a ...

The economists studied institutions created by the European colonial powers. The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Royal ...

The Nobel Prize-winning work of Daron Acemoglu, Simon Johnson, and James Robinson in “Why Nations Fail” has profoundly shaped ...

Daron Acemoglu, Simon Johnson and James Robinson have been awarded the 2024 Nobel memorial prize in economics for their ...