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Nobel laureate Daron Acemoglu chooses obscure Pune website to share news of award

Published on: Oct 18, 2024 07:47 PM IST

The Turkish-born economist caught the attention of many by sharing his achievement through 'Pune News'.

In a surprising choice, Nobel laureate and Institute Professor at Massachusetts Institute Technology (MIT) Daron Acemoglu, who recently won the 2024 Nobel Prize in Economics, chose an obscure website based in Pune, India.

Turkish-born economist Daron Acemoglu.(X)

The Turkish-born economist, renowned for his work on the role of institutions in shaping economic prosperity, caught the attention of many by sharing his achievement through Pune News.

Check post here:

Acemoglu, 57, was awarded the prestigious prize for his "studies of how institutions are formed and affect prosperity."

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All three were commended for their work on "how institutions are formed and affect prosperity", the Royal Swedish Academy of Sciences said.

"Reducing the vast differences in income between countries is one of our time's greatest challenges," said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences.

"They have identified the historical roots of the weak institutional environments that characterize many low-income countries today," he told a press conference.

The award came a day after a World Bank report showed that the world's 26 poorest countries - home to 40% of its most poverty-stricken people - are more in debt than at any time since 2006, highlighting a major reversal in the fight against poverty.

(Also Read: Daron Acemoglu, Simon Johnson & James A. Robinson awarded 2024 Nobel Economics Prize)

 

 

 

 

 

 

 

 

 

 
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