Asimoglu, Johnson, Robinson Win Nobel

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U.S. Economists Win Nobel Prize for Work on Global Wealth Inequality

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It's Ben Zynga , and here's what's on the block. US based economist Darren Asimoglu , Simon Johnson and James Robinson were awarded the 2024 Nobel Prize in Economic Sciences for their research on wealth inequality. Their work focuses on how poor governance and exploitative institutions hinder a country's economic development. Asimoglu and Robinson co-authored the book Why Nations Fail , exploring the origins of global inequality. The Laurettes research highlights the impact of colonialism on wealth disparities between nations. For all Things money, visit benzinga.com..