Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development.

Acemoglu, who was born in Istanbul, and Johnson, who was born in the U.K., are professors of economics at the Massachusetts Institute of Technology. Robinson is a professor of eco

An economist who studied at The University of Manchester has been awarded the prestigious 2024 Nobel Prize in Economics for his groundbreaking research into understanding wealth disparities between different nations.