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Nobel Prize in economics 2024 awarded to trio for work on differences in prosperity between nations

  • A trio of economists received the Nobel Prize in economics for their studies about how institutions affect prosperity.
  • The Nobel Committee noted that poor institutions hinder growth in societies.
  • The laureates attribute differences in prosperity to the type of institutions formed during colonization.
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  • 41% of the sources lean Left
41% Left
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ProfessorsProfessors
EuropeEurope
CorruptionCorruption
BusinessBusiness
European EconomyEuropean Economy
EconomyEconomy
Nobel PrizeNobel Prize
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