Helena Kudiabor & Mark Buchanan in Nature:
Why are some countries richer than others? The 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to three researchers who have helped shed light on this fundamental question.
The income gap between the richest and the poorest nations has been widely documented. However, Daron Acemoglu and Simon Johnson, both from the Massachusetts Institute of Technology in Cambridge, and James A. Robinson from the University of Chicago in Illinois, have studied the evidence for why these inequalities persist.
The three economists, who will share the 11 million Swedish Kronor (US $1 million) prize for their findings, researched the impact of European colonization on various countries’ economies.
More here.
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