Leading economists and policymakers have lauded the decision to award the Nobel Prize in Economic Sciences to Daron Acemoglu, Simon Johnson, and James Robinson for their groundbreaking research on global wealth inequality and institutional impacts on economic development. What Happened: Gita Gopinath, Deputy Managing Director of the International Monetary Fund, took to social media to congratulate the winners. “Good institutions are critical to a country’s prosperity,” Gopinath emphasized, underscoring the significance of the trio’s work. Paul Krugman, a Nobel laureate himself, praised the win…
