Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development.

What Happened: Gita Gopinath, Deputy Managing Director of the International Monetary Fund, took to social media to congratulate the winners. “Good institutions are critical to a country’s prosperity,” Gopinath emphasized, underscoring the significance of the trio’s work.

Congratulations @DrDaronAcemoglu, @baselinescene, James Robinson for winning the prize! Good institutions are critical to a country’s prosperity. #NobelPrize https://t.co/Vrd0KDve31

— Gita Gopinath (@GitaGopinath) October 14, 2024

Paul Krugman, a Nobel laureate himself, praised the winners’ research on X. “Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important,” Krugman wrote, noting its current relevance.

Congrats to Acemoglu/Johnson/Robinson for their Nobel. Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important. Also of some current …

Full story available on Benzinga.com

Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development.

What Happened: Gita Gopinath, Deputy Managing Director of the International Monetary Fund, took to social media to congratulate the winners. “Good institutions are critical to a country’s prosperity,” Gopinath emphasized, underscoring the significance of the trio’s work.

Congratulations @DrDaronAcemoglu, @baselinescene, James Robinson for winning the prize! Good institutions are critical to a country’s prosperity. #NobelPrize https://t.co/Vrd0KDve31

— Gita Gopinath (@GitaGopinath) October 14, 2024

Paul Krugman, a Nobel laureate himself, praised the winners’ research on X. “Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important,” Krugman wrote, noting its current relevance.

Congrats to Acemoglu/Johnson/Robinson for their Nobel. Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important. Also of some current …

Full story available on Benzinga.com

 Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development.
What Happened: Gita Gopinath, Deputy Managing Director of the International Monetary Fund, took to social media to congratulate the winners. “Good institutions are critical to a country’s prosperity,” Gopinath emphasized, underscoring the significance of the trio’s work.

Congratulations @DrDaronAcemoglu, @baselinescene, James Robinson for winning the prize! Good institutions are critical to a country’s prosperity. #NobelPrize https://t.co/Vrd0KDve31
— Gita Gopinath (@GitaGopinath) October 14, 2024

Paul Krugman, a Nobel laureate himself, praised the winners’ research on X. “Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important,” Krugman wrote, noting its current relevance.

Congrats to Acemoglu/Johnson/Robinson for their Nobel. Their work on how colonial regimes focused on resource extraction inflicted long-term damage was clever and important. Also of some current …Full story available on Benzinga.com   Read Morebenzinag neuro, Gita Gopinath, Jason Furman, Kaustubh Bagalkote, News, Paul Krugman, Economics, News, Economics, Benzinga Economics