The 2024 Nobel Prize in Economics was awarded to the authors of the book “Why Nations Fail”, Daron Acemoglu and James Robinsonthe Royal Swedish Academy of Sciences announced this Monday. He also distinguished Simon Johnson, another MIT professor who collaborated with the other two academics.
The three winners were distinguished “for their studies on how institutions are formed and how they affect the prosperity” of countries. “Societies with weak institutions and no rule of law, which exploit the population, do not generate growth or progress, and the research of the awardees helps us understand why,” states the Royal Swedish Academy of Sciences.
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for their studies on how institutions form and affect prosperity”.… pic.twitter.com/tuwIIgk393— The Nobel Prize (@NobelPrize) October 14, 2024
Daron Acemoglu was born in 1967 in Türkiye and is a professor of economics at MIT (Massachusetts Institute of Technology), like Simon Johnson. His work has been linked to prosperity, the effect of new technologies on economic growth and work.
In June, the Observer interviewed Acemoglu about the latest book published by the economist, in association with the (also distinguished) Simon Johnson – Poder e Progresso, which in Portugal is supported by Temas e Debates, which also launched the best seller by Acemoglu “Why Nations Fail”, a work that has been considered one of Mark Zuckerberg’s favorites, at least appears in a community created on Facebook that recommended it as a book to read in 2015.
“There is nothing wrong with technology, but we use it incorrectly,” says Daron Acemoglu
The third winner, James Robinson, is British but is also linked to a North American university: he is director of the Pearson Institute for the study and resolution of global conflicts, at the University of Chicago.
Last year, this prize – the only one not funded by the Nobel Foundation but by a donation from the Swedish central bank – went to Claudia Goldin, a researcher linked to Harvard who dedicated herself to studying the interconnection between female participation in the labor market ( and their respective remunerations) and the different stages of economic and social progress.
Nobel Prize in Economics. Women do not earn less than men, but mothers earn less than fathers
Source: Observadora
