14.10.2024Nobel Prize in Economic Sciences 2024

A massive congratulations to Professor Daron Acemoğlu and his fellow economists Simon Johnson and James A. Robinson on being awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel! 

The pioneering research of these three economists on institutions, development, and political economy has reshaped the way we think about the forces that drive economic progress and inequality. Their work continues to inspire new generations of economists and policymakers alike.

David Hemous, the UBS Foundation Associate Professor of Economics of Innovation and Entrepreneurship, has a deep and long-standing collaboration with Daron Acemoğlu. Together, they have co-authored several influential papers, with their most recent work being “Climate Change, Directed Innovation, and Energy Transition: The Long-run Consequences of the Shale Gas Revolution” (also joint with Philippe Aghion and Lint Barrage).

“𝘋𝘢𝘳𝘰𝘯 𝘈𝘤𝘦𝘮𝘰𝘨𝘭𝘶 𝘪𝘴 𝘰𝘯𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘨𝘪𝘢𝘯𝘵𝘴 𝘰𝘧 𝘰𝘶𝘳 𝘥𝘪𝘴𝘤𝘪𝘱𝘭𝘪𝘯𝘦 𝘸𝘪𝘵𝘩 𝘴𝘦𝘮𝘪𝘯𝘢𝘭 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯𝘴 𝘰𝘯 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘨𝘳𝘰𝘸𝘵𝘩, 𝘱𝘰𝘭𝘪𝘵𝘪𝘤𝘢𝘭 𝘦𝘤𝘰𝘯𝘰𝘮𝘺, 𝘭𝘢𝘣𝘰𝘳 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴, 𝘢𝘯𝘥 𝘯𝘦𝘵𝘸𝘰𝘳𝘬 𝘵𝘩𝘦𝘰𝘳𝘺. 𝘛𝘩𝘦 𝘲𝘶𝘦𝘴𝘵𝘪𝘰𝘯 𝘸𝘢𝘴 𝘯𝘰𝘵 𝘸𝘩𝘦𝘵𝘩𝘦𝘳 𝘋𝘢𝘳𝘰𝘯 𝘸𝘰𝘶𝘭𝘥 𝘳𝘦𝘤𝘦𝘪𝘷𝘦 𝘢 𝘕𝘰𝘣𝘦𝘭 𝘗𝘳𝘪𝘻𝘦 𝘰𝘯𝘦 𝘥𝘢𝘺, 𝘣𝘶𝘵 𝘧𝘰𝘳 𝘸𝘩𝘪𝘤𝘩 𝘤𝘰𝘯𝘵𝘳𝘪𝘣𝘶𝘵𝘪𝘰𝘯. 𝘛𝘩𝘦 𝘊𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘦 𝘥𝘦𝘤𝘪𝘥𝘦𝘥 𝘵𝘰 𝘳𝘦𝘸𝘢𝘳𝘥 𝘩𝘪𝘴 𝘸𝘰𝘳𝘬 𝘰𝘯 𝘵𝘩𝘦 𝘦𝘧𝘧𝘦𝘤𝘵 𝘰𝘧 𝘪𝘯𝘴𝘵𝘪𝘵𝘶𝘵𝘪𝘰𝘯𝘴 𝘰𝘯 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤 𝘥𝘦𝘷𝘦𝘭𝘰𝘱𝘮𝘦𝘯𝘵, 𝘸𝘩𝘪𝘤𝘩 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘱𝘢𝘳𝘵𝘪𝘤𝘶𝘭𝘢𝘳𝘭𝘺 𝘪𝘯𝘧𝘭𝘶𝘦𝘯𝘵𝘪𝘢𝘭. 𝘋𝘢𝘳𝘰𝘯 𝘪𝘴 𝘢𝘭𝘴𝘰 𝘢 𝘧𝘢𝘯𝘵𝘢𝘴𝘵𝘪𝘤 𝘮𝘦𝘯𝘵𝘰𝘳 𝘢𝘯𝘥 𝘨𝘦𝘯𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴 𝘰𝘧 𝘴𝘵𝘶𝘥𝘦𝘯𝘵𝘴, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘮𝘺𝘴𝘦𝘭𝘧, 𝘩𝘢𝘷𝘦 𝘣𝘦𝘯𝘦𝘧𝘪𝘵𝘦𝘥 𝘧𝘳𝘰𝘮 𝘩𝘪𝘴 𝘨𝘶𝘪𝘥𝘢𝘯𝘤𝘦”, so David Hémous.

This well-deserved recognition is a testament to his profound impact on our discipline and the world at large. We look forward to seeing how his brilliant insights will continue to push the boundaries of economics.