Tag Archives | Nobel Prize In Economics (the Riksbank Prize)

  • Wealth and poverty (And to all a good night)

    The dialectics of wealth and poverty

    Originally published: Peoples Democracy on October 27, 2024 (more by Peoples Democracy)  |

    THIS year’s Nobel Prize in economics (the Riksbank Prize to be more precise) has been awarded to three U.S.-based economists for their research into what promotes or hinders the growth of wealth among nations; and they assign a crucial role to institutions, arguing that western institutions like electoral democracy are conducive to growth.