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Three Receive Nobel in Economics for Research on Global Inequality

 Three Receive Nobel in Economics for Research on Global Inequality

Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations.

Three Receive Nobel in Economics for Research on Global Inequality

The Nobel Memorial Prize in Economic Sciences was awarded on Monday to Daron Acemoglu and Simon Johnson, both of the Massachusetts Institute of Technology, and to James Robinson of the University of Chicago.

They received the prize for their research into how institutions shape which countries become wealthy and prosperous — and how those structures came to exist in the first place.

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