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Nobel Prize in Economics Awarded for Research on Rich and Poor
As reported on the award's website on Monday, October 14, they received the award for their research into "how organs are formed and influence well-being."
The economics laureates have "helped us understand differences in well-being across countries." Their research shows that social institutions introduced during the colonial period affected the well-being of the population.
The Nobel Prize is worth 11 million Swedish kronor. If there are several winners, the prize will be divided equally between the winners.
One of the winners was Darren Acemoglu (also known as Acemoglu), an American economist from Istanbul. He is considered one of the opponents of Erdogan's policies in Turkey. He has won several awards in the US and Canada for various theoretical works, and one of his bestsellers was the book "Why Some Countries Are Rich and Others Are Poor."
Last year, the Nobel Prize in Economics was awarded to Claudia Goldin of Harvard University for "improving our understanding of the position of women in the labor market."
The Nobel committee has previously nominated laureates in other fields. The chemistry prize went to scientist David Baker and two Google employees, Demis Hassabis and John Jumper, for "protein hacking."
The Nobel Prize in Medicine or Physiology was awarded to Victor Ambrose and Harry Ravkan for the discovery of the microRNA molecule, and in Physics to John Hopfield and Geoffrey Hinton for training artificial neural networks.