Nobel Prize in Economics.
Fitting for today's holiday, Daron Acemoglu, Simon Johnson, and James A. Robinson win the Nobel in Economics for their work on the role of colonization and institutions on the growth of countries.
This work was popularized in Acemoglu and Robinson's book "Why Nations Fail?".
Acemoglu was on everyone's Nobel shortlist for years for this work.
They've been very important figures in development economics.
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