(24News) 3 economists have won the Nobel Prize in Economics, among the experts is an American economist of Turkish origin.
The Nobel Prize in Economics has been awarded to Turkish-American Daron Acemoglu and British-American Simon Johnson and James Robinson for their research on wealth inequality among nations. Through the review, the three experts have been able to show the relationship between institutions and prosperity, how social institutions play a role in explaining why some countries develop while others do not.
“Reducing the widening gap in income between countries is one of the greatest challenges of our time,” the chair of the Committee for the Prize in Economics said in a statement, adding that the reviewers highlighted the importance of social institutions in achieving this. is
Darron Acemoglu, Simon Johnson and James Robinson will share the prize, which carries a cash prize of 11 million Swedish kronor ($1 million). Acemoglu, 57, is a professor at the Massachusetts Institute of Technology (MIT), while Robinson, 64, is at the University of Chicago. Is a professor.
It should be noted that the economics prize is the only Nobel that was not created in the will of the Swedish scientist Alfred Nobel, who died in 1896. Instead, it was created in 1968 through a donation from the Swedish central bank. Opponents of the cause called him a “false noble”.
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