On October 14, the winners of the 2024 Nobel Prize in Economic Sciences were announced. MIT professor Daron Acemoglu, MIT professor Simon Johnson, and James A. Robinson from the University of Chicago received the award for their research on "how institutions are formed and how they influence prosperity."
In the previous three years, the Nobel Prize in Economic Sciences was awarded for research in areas such as causal relationship analysis, responses to financial crises, and the female labor market.
The 2023 Nobel Prize in Economic Sciences was awarded to Harvard University economics professor Claudia Goldin, recognizing her research that enhances the understanding of women's labor market outcomes.
The 2022 Nobel Prize in Economic Sciences was awarded to former Federal Reserve Chairman Ben Bernanke, Douglas W. Diamond from the University of Chicago Booth School of Business, and Philip H. Dybvig from Washington University in St. Louis, in recognition of their research on banks and financial crises.
The 2021 Nobel Prize in Economic Sciences was awarded to David Card, Joshua D. Angrist, and Guido W. Imbens for their contributions to labor economics and the methodology of causal relationship analysis.
The Nobel Prize in Economic Sciences dates back to 1968 when the Sveriges Riksbank (Swedish National Bank) established the award in memory of Nobel Prize founder Alfred Nobel. From 1969 to 2023, the Nobel Prize in Economic Sciences has been awarded 55 times, with 93 laureates, including three women. According to statistics from The Paper, the youngest laureate is Esther Duflo, one of the winners in 2019, who was 46 years old at the time; the oldest laureate is Leonid Hurwicz, one of the winners in 2007, who was 90 years old.