Nobel prize 2024: Daron Acemoglu, Simon Johnson and James A Robinson get economics award – Times of India
The Nobel prize in economics or the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel was awarded to Daron Acemoglu, Simon Johnson and James A Robinson “for studies of how institutions are formed and affect prosperity.”The laureates’ model for understanding how political institutions are created and transformed consists of three key components.First,…