The Nobel Memorial Prize in Economic Sciences was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”

Nobel Economics prize awarded for studies of how institutions affect prosperity

The award went to Daron Acemoglu, Simon Johnson and James A. Robinson for their “innovative research about what affects countries’ economic prosperity,” the Nobel committee said.

Daron Acemoğlu (ajemo'lu) is Istanbul Armenian!

Alvin Bragg, Muriel Bowser, Atlanta, LA and Kami Harris should Nota Bene.