Nobel Prize in Economics: Trio Recognized for Their Work on Institutions and Economic Success
Acemoglu, Johnson, and Robinson are highly influential economists and political scientists, particularly known for their collaborations on the relationship between political institutions, economic development, and long-term prosperity. Daron Acemoglu, Simon Johnson, and James A. Robinson have been awarded the 2024 Nobel Prize in Economics for their groundbreaking research on how institutions shape the economic success […]
Five Movies That Teach Us About Economic Recovery and Resilience
Not only entertain but also offer profound lessons on resilience and economic recovery. Through their stories, we learn about the power of perseverance, hard work, optimism, and support systems in overcoming adversity. Movies have a unique way of portraying human struggles and triumphs, often offering profound insights into resilience and economic recovery. Through compelling storytelling […]
Recession? U.S. economy grew a 2.8% in second quarter, faster than expected
The U.S. economy accelerated in the second quarter as consumers increased their spending, businesses invested more in equipment and stocked inventories, and inflation cooled. The growth rate of the US economy picked up speed in the last quarter, showing unexpected resilience despite high interest rates and ongoing inflation. According to the commerce department’s report on […]