Acemoglu, Johnson and Robinson win Nobel prize in economics
Trio given award for work on role of colonial institutions in shaping long-term prosperity
The Nobel Prize in Economic Sciences was awarded today (October 14) to Daron Acemoglu, Simon Johnson and James Robinson.
The Royal Swedish Academy of Sciences, which oversees the award in association with Sveriges Riksbank, said the economists had been honoured for their “studies of how institutions are formed and affect prosperity”.
Acemoglu and Johnson are professors at the Massachusetts Institute of Technology and Robinson is a professor at the University of Chicago.
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