Congratulations to Daron Acemoglu, Simon Johnson (MIT), and James A. Robinson (U Chicago), who have won the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel from the Royal Swedish Academy of Sciences for “studies of how institutions are formed and affect prosperity.”
From MIT News: “The long-term research collaboration between Acemoglu, Johnson, and Robinson… has empirically demonstrated that democracies, which hold to the rule of law and provide individual rights, have spurred greater economic activity over the last 500 years.
“‘Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better,” the Swedish Royal Academy of Sciences stated in the Nobel citation. ‘The laureates’ research helps us understand why.'”
Acemoglu and Johnson, who have collaborated for decades, have archived dozens of their research papers in MIT’s institutional repository, DSpace. These include some cited by the Nobel committee in their scientific background on the prize:
- The Consequences of Radical Reform: The French Revolution (Acemoglu, D., D. Cantoni, S. Johnson, and J. A. Robinson (2011), American Economic Review 101, 3286-3307)
- Institutions, Human Capital, and Development (Acemoglu, D., F. A. Gallego, and J. A. Robinson (2014), Annual Review of Economics, 6:875–912.)
- Chiefs: Economic Development and Elite Control of Civil Society in Sierra Leone (Acemoglu, D., T. Reed, and J. A. Robinson (2014), Journal of Political Economy 122, 319–368.)
- State Capacity and Economic Development: A Network Approach (Acemoglu, D., C. Garcia-Jimeno, and J. A. Robinson (2015), American Economic Review, 105, 2364–2409.)
- Democracy Does Cause Growth (Acemoglu, D., S. Naidu, P. Restrepo, and J. A. Robinson (2019), Journal of Political Economy, 127: 47–100.)
Here are more papers in DSpace by Daron Acemoglu & Simon Johnson.