US-based Acemoglu, Johnson, and Robinson win 2024 Nobel Economics Prize:

Daily Current Affairs / US-based Acemoglu, Johnson, and Robinson win 2024 Nobel Economics Prize:

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Category : Awards Published on: October 16 2024

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3 economists found that freer societies are more likely to prosper.
The work of this year’s laureates demonstrates the importance of societal institutions for a country’s prosperity, according to the academy.
The award for work into why countries succeed and fail is the final prize to be given out this year and is worth $1.1m.