Turkish-American Daron Acemoglu wins Nobel economics prize ...Kuwait

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Turkish-American Daron Acemoglu wins Nobel economics prize
Turkish-American academic Daron Acemoglu won the 2024 Nobel economics prize "for studies of how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said on Monday. U.S.-based academics Simon Johnson and James Robinson also won the prize. The prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final prize to be given out this year and is worth 11 million Swedish crowns ($1.1 million). "Reducing the vast differences in income between countries is one of our time's greatest challenges. The laureates have demonstrated the importance of societal institutions for achieving

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