Acemoglu, who was born in Istanbul, and Johnson, who was born in the U.K., are professors of economics at the Massachusetts ...

The Nobel prize winning economists show that often these countries with extractive institutions concentrate the wealth of the ...

A trio of economists just won a Nobel prize for their insights into how democratic and other inclusive institutions are ...

Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why ...

Without getting too detailed about the intricacies of their work, their research makes clear that there are reasons why some ...

This year’s winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, usually called the Nobel ...

The Nobel laureates in the economic sciences have demonstrated the importance of societal institutions for a country’s ...

The Nobel memorial prize in economics was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for research ...

The prize was given to Daron Acemoglu, Simon Johnson and James Robinson for work that advanced the understanding of differences in prosperity between countries.

Plus, concern again about the Whyalla steel works and the green steel future that's "too important to fail". And what Yahya Sinwar’s death means for Hamas, the hostages and the war in Gaza.

In their 2012 book “Why Nations Fail,” Acemoglu, a Turkish-American professor at the Massachusetts Institute of Technology (MIT), and Robinson, a British professor at the University of Chicago ...