STOCKHOLM -- The Nobel memorial prize in economics was awarded Monday to three economists who have studied why some countries ...

Daron Acemoglu and Simon Johnson work at the Massachusetts Institute of Technology, while James A. Robinson conducts his ...

Their studies have shown the importance of giving people a real democratic voice for countries’ economic survival, the Nobel ...

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

Daron Acemoglu and Simon Johnson, of MIT, and James A. Robinson, of the University of Chicago, won the prize Monday for ...

Daron Acemoglu, Simon Johnson, and James A. Robinson won the prize for their "studies of how institutions are formed and ...

The trio won for research that explored the aftermath of colonisation to understand why global inequality persists today.

The three U.S.-based academics studied why some countries are rich and others poor and have documented that freer, open ...

Two MIT economists were among those awarded the Nobel Prize in economics Monday for their decades of work illuminating the ...

The winner of the award, officially the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," receives $1 ...