They showed institutions trump all other factors
Oct 15, 2024 5:59 AM IST
Economists emphasise institutions as key to prosperity, as shown by Nobel laureates Acemoglu, Johnson, and Robinson.
Academy of Sciences permanent secretary Hans Ellegren, Jakob Svensson and Jan Teorell, of the Nobel Assembly at the Swedish Riksbank announce the Swedish Riksbank's prize in economic science in memory of Alfred Nobel 2024, which goes to Daron Acemoglu, Simon Johnson and James A. Robinson, during a press meeting at the Royal Swedish Academy of Sciences in Stockholm, on Monday. (REUTERS)
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