This year's Nobel Prize in Economics is timely, given the challenges faced by democratic institutions, particularly in industrialized countries.
theconversation.com/nobel-econ…
#economics #colonialism #development
theconversation.com/nobel-econ…
#economics #colonialism #development
Nobel economics prize: how colonial history explains why strong institutions are vital to a country’s prosperity – expert Q&A
US-based Daron Acemoglu, Simon Johnson and James Robinson were recognised for their work on the vast differences in prosperity between nations.The Conversation