Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Science during a press conference at the Karolinska Institute in Stockholm, Sweden, on October 14, 2024. The 2024 Nobel Prize in Economy was awarded to Daron Acemoglu, Simon Johnson and James Robinson for their work on formation of institutions and their impact on welfare. 
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Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson

The winner of the award, officially the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel,” receives $1 million.

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