Three win Nobel Prize in Economics for research in global inequality
Daron Acemoglu, Simon Johnson and James A. Robinson win Nobel Prize in Economics "for studies of how institutions are formed and affect prosperity".
Category
🗞
NewsTranscript
00:00Three U.S.-based men won the Nobel Prize in Economics for studies on how institutions
00:07are formed and affect prosperity.
00:11Daron Adjemoglu was amongst the trio of winners and said over a video call he never expected
00:17the accolade.
00:18You dream of having a good career, but this is over and on top of that, so it's a great
00:25surprise and honor.
00:28The research explored how different colonial strategies led to institutional patterns in
00:33Europe that have persisted over time.