This year’s Nobel Prize in Economics winners. Capture from the official Nobel Prize website,
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, Participated as speakers at the 2022 Future Report (MFR) ,
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, ‘This year’s Nobel Prize in Economics went to Daron Acemoglu, a professor of economics at MIT who has contributed to the study of inter-country wealth disparities, and Simon Johnson, a professor at the MIT Sloan School of Management, and James Robinson, a professor of political science at the University of Chicago. Professor Acemoglu is also well known domestically for his books such as ‘Why Nations Fail.’ Professor Acemoglu also participated as a speaker at the 2022 Future Report (MFR) organized by The Culture Daily.’,
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, ‘The Nobel Committee of the Royal Swedish Academy of Sciences announced on the 14th (local time), “The winners were chosen for their research contributions on how institutions are formed and influence prosperity.” The committee explained the reason for the selection saying, “Reducing income disparities between countries is one of the biggest challenges of our time. The winners have demonstrated the importance of social institutions in achieving this goal.”‘,
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, ‘In particular, Professor Acemoglu is highly regarded as a leading scholar in the field. In the 2022 MFR, Professor Acemoglu took the stage as the first speaker of the 1st session and emphasized that “Democracy does not function properly in political polarization” and “Political polarization means that compromise and communication between institutions become difficult.” He also evaluated that “Technological changes and globalization have worsened inequalities and inflated people’s ambitions” and that “technological advancements are exploited more in authoritarian states.” It was a statement emphasizing the virtuous cycle of institutions and technological development.’,
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, ‘The Nobel Prize in Economics has been awarded since 1969, unlike the other 5 categories awarded since 1901. Created to commemorate the 300th anniversary of the founding of the Swedish Central Bank, its official name is the ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.’ The laureates receive a medal and a cash prize of 11 million Swedish Krona (approximately 1.43 billion won).’,
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