Nobel Prize in economics 2024 awarded to trio for work on differences in prosperity between nations
- A trio of economists received the Nobel Prize for their studies on how institutions impact prosperity, as announced by the Nobel Committee.
- The Committee highlighted that societies with weak laws and exploitative institutions fail to foster growth.
- The economists' work explains that colonial societal institutions contribute to differences in prosperity among nations.
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Leaning Left74Leaning Right37Center70Last UpdatedBias Distribution41% Left
Bias Distribution
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41% Left
L 41%
C 39%
R 20%
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