Nobel Prize in Economics awarded to three US university economists
On October 14, the Royal Swedish Academy of Sciences announced that the 2024 Nobel Prize in Economic Sciences will be awarded to three American economists: Daron Acemoglu, Simon Johnson, and James Robinson. Their groundbreaking research has significantly contributed to our understanding of how institutions are formed and how they impact prosperity.
In a statement, Nobel Prize committee expert Jacob Swanson highlighted the enormity of the challenge posed by the vast income disparities between nations, calling it one of the greatest issues of our time. He emphasized that the work of these three laureates illustrates the vital role that social institutions play in achieving greater equity.
According to information from the Nobel Prize website, Daron Acemoglu was born in Istanbul, Turkey, in 1967 and earned his Ph.D. from the London School of Economics in 1992. He is currently a professor at the Massachusetts Institute of Technology. Simon Johnson, born in the UK in 1963, received his Ph.D. from MIT in 1989 and is also a professor at the same institution. James Robinson, born in 1960, completed his Ph.D. at Yale University in 1993 and is now a professor at the University of Chicago.
