Acemoglu, Johnson, Robinson Win 2024 Nobel Prize in Economics for Research on Institutions and Prosperity

Oct 14, 2024, 10:00 AM

Daron Acemoglu, Simon Johnson, and James A. Robinson have been awarded the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The Royal Swedish Academy of Sciences recognized their research on how institutions are formed and their impact on economic prosperity. Their work has advanced the understanding of differences in prosperity between nations, highlighting the importance of societal institutions in shaping economic outcomes. Acemoglu and Johnson are affiliated with MIT, while Robinson is from the University of Chicago. The announcement was made on October 14.