U.S. trio wins Nobel Prize in economic sciences for study of societal institutions' impact
Headline from UPI
Three U.S.-based economists have won the Nobel Prize in economic sciences for their work examining how institutions are formed and their effect on prosperity.
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The award is shared by Daron Acemoglu and Simon Johnson of MIT and James Robinson of the University of Chicago for their research on the institutional roots of national wealth and poverty. They will split the prize money of 11 million Swedish krona or about $1.058 million.
Three U.S.-based economists have won the Nobel Prize in economic sciences for their work examining how institutions are formed and their effect on prosperity.
Daron Acemoglu, Simon Johnson and James A. Robinson were picked for their studies on how institutions shape the economic success of nations. The $1 million prize was announced at a news conference in Stockholm.
The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth.
STOCKHOLM (AP) — The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research that explains why societies
The Nobel memorial prize in economics was awarded Monday to three economists who have studied why some countries are rich and others poor and have documented that freer, open societies are more likely to prosper.
By Christian Edwards, CNN London (CNN) — Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.
The Nobel prize in economics was awarded on Monday to Turkish-American Daron Acemoglu and British-Americans Simon Johnson and James Robinson for research into wealth inequality between nations.
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U.S. trio wins Nobel Prize in economic sciences for study of societal institutions' impact | Since Then
