Our authors James Robinson ( L ) and Daron Acemoglu ( R ).

We are thrilled to announce that Daron Acemoglu and James A. Robinson, esteemed authors published by Crown Currency and Penguin Press, have been awarded the 2024 Nobel Prize in Economics, along with Simon Johnson. This prestigious accolade recognizes their groundbreaking research on the gaps of prosperity between nations and why poor rule of law and exploitative institutions do not generate sustainable growth. Their collaborative work has provided invaluable insights into the mechanisms that underpin economic success and failure, influencing both academic circles and public policy worldwide. Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, said, “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 this.”  Continue reading →