This year’s economics award reinforces a comforting but false story about democracy.

Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor.

The Nobel Prize in chemistry included a U.S. scientist, David Baker, who along with Demis Hassabis and John Jumper, were ...

As the world gears up for Monday’s announcement of the 2024 Nobel Prize in Economics, it’s worth reflecting on whether the prize still carries the same value it once did. While the Nobel is ...

Daron Acemoglu, Simon Johnson and James A. Robinson win Nobel Prize in Economics "for studies of how institutions are formed ...

Has any developing country achieved such an economic miracle through Western-style democracy in the 20th century?

Heed the brightest minds in economics when they issue a dire warning about inflation, deficits and inequality if the former ...

Conclusion of laureates Acemoglu, Johnson, Robinson - that prosperity depends on good (non-extractive) institutions, ...

Nobel Prize winners for economics, Daron Acemoglu, Simon Johnson, and James Robinson adopt far-left views that defy free ...

Conventional economists seem to be incapable of understanding that what they take to be economics is only capitalist ...

This year’s Nobel laureates link democracy to economic success, but their theory ignores autocratic growth and rehashes old ...

In their 2012 book Why Nations Fail, Daren Acemoglu and James Robinson discussed how institutions determine the success or ...