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Nobel economics prize awarded to American economists on shocks
Original: Nobel goes to American economists who redefined economic shocks
The 2024 Nobel Memorial Prize in Economic Sciences has been awarded to American economists recognized for work that redefined how the world understands economic shocks. Their research changed how economists explain why countries diverge in prosperity and how institutions respond to sudden disruptions. Commentators are highlighting the influence of the research on policy debates about growth, resilience, and recovery after crises.
Why now: The annual Nobel Prize announcements always draw global attention, and this year's economics award honors influential research on economic shocks.
Nobel PrizeRoyal Swedish Academy of SciencesUnited States
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