A trio of economists just won a Nobel prize for their insights into how democratic and other inclusive institutions are ...

This year’s winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, usually called the Nobel ...

Acemoglu, who was born in Istanbul, and Johnson, who was born in the U.K., are professors of economics at the Massachusetts ...

The Nobel prize winning economists show that often these countries with extractive institutions concentrate the wealth of the ...

Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why ...

The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research ...

Without getting too detailed about the intricacies of their work, their research makes clear that there are reasons why some ...

The prize was given to Daron Acemoglu, Simon Johnson and James Robinson for work that advanced the understanding of differences in prosperity between countries.

The novelty in their work is the way they put 500 years of statistical evidence to show that the quality of institutions ...

In their 2012 book “Why Nations Fail,” Acemoglu, a Turkish-American professor at the Massachusetts Institute of Technology (MIT), and Robinson, a British professor at the University of Chicago ...

The award is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago for their ...