Daron Acemoglu, winner of the Nobel Prize in Economics for 2024, and author of ‘Why Nations Fail’, and ‘Power and Progress’, ...

The country must dismantle colonial-era extractive institutions that serve a small elite at the expense of the masses ...

The Nobel Prize-winning work of Daron Acemoglu, Simon Johnson, and James Robinson in “Why Nations Fail” has profoundly shaped ...

In their landmark book ‘Why nations fail: the origins of power, prosperity, and poverty’, published a little more than a ...

Daron Acemoglu, Simon Johnson and James Robinson have been awarded the 2024 Nobel memorial prize in economics for their ...

The Nobel Prize in Economics serves as a reminder that institutional reform is critical if Nigeria is to unlock its full ...

The economists studied institutions created by the European colonial powers. The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Royal ...

Twenty-five years ago, economics was in a crisis even if most economists weren’t aware of it. The discipline was slipping ...

Last week, Royal Swedish Academy of Sciences awarded the Sveriges Riksbank (Central Bank of Sweden) instituted Nobel Memorial ...

Nobel prize winning book on institutional economics receives compliments and critique as the larger academic world discusses ...

Moldovan voters appeared leery of a move to enshrine in their Constitution an “irreversible” commitment to abandon Russian influence and one day join the European Union. By Andrew Higgins ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...