Simon Johnson
Facts
Ill. Niklas Elmehed © Nobel Prize Outreach
Simon Johnson
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024
Born: 1963, Sheffield, United Kingdom
Affiliation at the time of the award: Massachusetts Institute of Technology (MIT), Cambridge, MA, USA
Prize motivation: “for studies of how institutions are formed and affect prosperity”
Prize share: 1/3
Work
There are vast differences in prosperity between nations. One important explanation for this is persistent differences in societal institutions. By examining the various political and economic systems introduced by European colonisers, Simon Johnson, Daron Acemoglu and James A. Robinson have been able to demonstrate a relationship between institutions and prosperity. They have also developed theoretical tools that can explain why differences in institutions persist and how institutions can change.
Nobel Prizes and laureates
Six prizes were awarded for achievements that have conferred the greatest benefit to humankind. The 12 laureates' work and discoveries range from proteins' structures and machine learning to fighting for a world free of nuclear weapons.
See them all presented here.
