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. Daron Acemoglu, Simon ...

Why are some nations wealthier than others? The 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to three researchers who have helped to shed light on this ...

Pity the ambitious youngster. For decades the path to a nice life was clear: go to university, find a graduate job, then watch the money come in. Today’s hard-working young, however, seem to have ...

“Economics is a study of mankind in the ordinary business of life.” So starts Alfred Marshall’s “Principles of Economics”, a 19th-century textbook that helped create the common language economists ...

Senior Lecturer in Economics, Lancaster University Management School, Lancaster University This year’s Nobel memorial prize in economics has gone to Daron Acemoglu and Simon Johnson of the ...

Julian Nowogrodzki is a science writer and editor in Boston, Massachusetts. The study also showed that ageing is accelerated by less-surprising factors such as high blood pressure and heart disease.