2024 Nobel Prize in Economics Awarded to 3 American Immigrants
The Nobel Prize is a highly distinguished award named after the inverter, entrepreneur, and businessman Alfred Nobel. After his death, his instructions were to use the wealth he accumulated during his life to reward individuals who contributed the most significant benefit to humankind. In October of each year, there are six fields in which a Nobel Prize is awarded to those who stand out as outstanding in their efforts. These fields are:
- Physics
- Chemistry
- Physiology
- Medicine
- Literature
- Peace
- Economic Sciences
In 2024, there were three immigrants to America that were named Nobel Prize winners in economics.
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2024 American Immigrant Nobelaureautes
There are countless examples of the positive impact immigrants have had on American society. The three 2024 American immigrant Nobel Prize winners in economics showcase the remarkable contributions immigration has made to the United States.
One of the Nobel Prize winners, Daron Acemoglu, is an immigrant from Turkey who came to the United States in 1993. Acemoglu became a professor of economics at MIT.
The other two, Simon Johnson and James Robinson, are from the United Kingdom. Johnson came to the country as an international student. While studying at MIT, he earned a Ph.D. He once served for one year as chief economist at the International Monetary Fund.
Robinson also came to the U.S. as an international student and earned a Ph.D. at Yale University. He has been the Reverend Dr. Richard L. Pearson Professor of Global Conflict Studies at the University of Chicago.
Since the year 2000, of the 117 American Nobel Prize winners, as many as 45, or 38%, were immigrants. These individuals won the decorated and honored prize in several of the fields that are recognized including chemistry, medicine, physics, and economics.
It was in 1901, long after the death of Alfred Noble, that the first individuals were awarded the Nobel Prizes. The economics award was not one of the original fields that the Nobel Prize recognized. However, in 1969, that changed. The Sveriges Riksbank Prize in Economic Sciences was announced in Memory of Alfred Nobel.
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