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A Nobel prize for explaining why there's global inequality

2024-12-14 00:00:00 +0000 UTC ·28m 29s ·by NPR
A Nobel prize for explaining why there's global inequality
Planet Money
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About this episode

Why do some nations fail and others succeed? In the late 1990s and early 2000s, three economists formed a partnership that would revolutionize how economists think about global inequality. Their work centered on a powerful — and almost radically obvious — idea: that the economic fate of nations is d