Answer: Daron Acemoglu, Simon Johnson, and James Robinson
Notes: The 2024 Nobel Prize in Economic Sciences was awarded to Daron Acemoglu, Simon Johnson, and James A Robinson for their research on how institutions affect economic prosperity. They distinguished between inclusive and extractive institutions, emphasizing that societies with poor rule of law and concentrated power do not foster growth. Their findings link the historical choices made by colonizers regarding institutions to present-day economic disparities, highlighting the importance of inclusive systems for long-term prosperity.
