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The 2024 Nobel Prize in Economics was awarded to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking work on wealth inequality. These researchers have delved into the complex relationship between economic development and institutional structures across nations. Their studies emphasize how democratic institutions can directly influence economic prosperity, shedding light on a critical global issue. The prize, which carries a monetary award of 11 million Swedish kronor, is..

The 2024 Nobel Prize in Economic Sciences has been awarded to economists Daron Acemoglu, Simon Johnson, and James A. Robinson. Their pioneering work delves into how institutions influence economic prosperity and address global wealth inequality. The Royal Swedish Academy of Sciences recognized their studies on the critical role of political and economic systems in shaping the economic fortunes of nations. Acemoglu and Johnson, professors at the Massachusetts Institute of Technology, along with..