The Latest Breaking News from Simon Johnson

The prestigious award is the final prize to be given out this year and is worth $1.1 million

Two of the academics also studied at the London School of Economics

British-born Simon Johnson and James A Robinson and Turkish-American Daron Acemoğlu share £810,000 prize

Daron Acemoglu, Simon Johnson and James A. Robinson won the 2024 Nobel memorial prize in economics "for studies of how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said on Monday.

The award for work into why countries succeed and fail is the final prize to be given out this year and is worth $1.1m.

Seadrill Limited, a leading offshore drilling company, is poised to capitalize on the industry's resurgence, with a strong free cash flow outlook and strategic market advantages that could drive significant upside.

Observers hail a ‘smart’ deal that allows for artificial intelligence as a tool, not a replacement – and could be a model for other industries

An undercurrent of the book is that common people want whatever progressive intellectuals want them to want.

Tania Branigan’s Red Memory and Jeremy Eichler’s Time’s Echo are among the titles in the running for the £50,000 award

Tackling the UK’s productivity problem will require long-term public investment in quality education aimed at closing the skills gap and boosting equality – a plan the 18th-century economist Adam Smith would certainly have agreed with.

Friedrich von Hayek is best known for his influential 1944 polemic The Road to Serfdom. But his most celebrated work in economics is "The Use of Knowledge in Society", a rather short article on how society uses and acquires dispersed information about economic fundamentals such as preferences, priorities, and productivity.