Why research into inequality between nations was awarded the Nobel Prize | DW News

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This year's Nobel Prize in Economic Sciences has been awarded to Daron Acemoglu, Simon Johnson and James A. Robinson for their research into how public institutions affect inequality between rich and poor nations.

#nobelprize #economics

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Nobel prizes of literature, peace, and economics are pure political, everyone knows that.

waynegore
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They get a Nobel Price, but nothing else will happen about inequality. Rich people and corps rule the world. Well, until we…

aceyage
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That was useless ... you still haven't told us what the award was for. Maybe something about institutions and prosperity?

MyWissam
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Prices only go up because of 1)Greed 2)Scarcity or 3) rarity.

jaekae-uk
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Economics prize is not a Nobel prize and is a separate organization that say in memory of Nobel.

tradeprosper
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Wow this guy preped for the Interview like a champ...

guilhermereis
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Acemoglu - Robinson.: Why Nations Fail: The Origins of Power, Prosperity, and Poverty is one of my favorite books. I am happy to hear they earned the Nobel Prize!

LajosKovács-wq
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Richard Cantillon described it better and didn’t need a to attach a blame game to the issue either. This is about a monetary force not some invented equality or equity nonsense…

raymondkey
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And the paper ignored the biggest elephant in the room, China, which is not democratic but is extremely successful economically. I felt like nobel prize should not be motivated by political ideas, but here we are.

vietanh
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leave it to politics to infilitrate every aspect of everything now adays.

mitchellwilley
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Should be awarded to China economists for their works of making China the second largest economy in just 40 years!

ZH
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Not really an interview, disappointed

CandycaneBeyond
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We do not have Nobel prize in economics

rustr
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Is your book report ready? Is it ready? Ha what a question

Casiotron
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Meanwhile Marx be like: am I a joke to you?

PatrickLarm
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The name is pronounced "ajem owlu" ... Turkish pronunciation.

MyWissam
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, ,,just bacon, ,,,not caviaar exactly

comacuma
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Because make all the world equal by making it poor is an all time dream of world neomarxist and neocommunists.
Nobel Prize is an adequate reward for someone who will help in making it happen.

JanNowak-qm
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It appears that most likely right leaning economist's wins the Noble Prize for Economics.

asimwaheed
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Johnson Angela Martinez Michelle White Carol

GertrudeKoterba-sl