Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.
This year’s economics award reinforces a comforting but false story about democracy.
The Nobel Prize in chemistry included a U.S. scientist, David Baker, who along with Demis Hassabis and John Jumper, were ...
Conclusion of laureates Acemoglu, Johnson, Robinson - that prosperity depends on good (non-extractive) institutions, ...
Princeton University will present its top awards for alumni to Elena Kagan ’81, associate justice of the Supreme Court of the ...
Conventional economists seem to be incapable of understanding that what they take to be economics is only capitalist ...
This year’s Nobel laureates link democracy to economic success, but their theory ignores autocratic growth and rehashes old ...
As long as political institutions favour only the elite and neglect the general public, they will face credibility issues ...
Research shows that functioning democracies are better than autocracies at fostering and sustaining institutions that drive ...
In their 2012 book Why Nations Fail, Daren Acemoglu and James Robinson discussed how institutions determine the success or ...
First of all, congratulations, to Han Kang and Korea as well. The prize goes to an individual, but the nation shares in the ...
However, civil society in Pakistan faces considerable challenges, including government restrictions, censorship and ...