Roula Khalaf, Editor of the FT, highlights the 2024 Nobel Prize in Economics awarded to Daron Acemoglu, Simon Johnson, and James Robinson for their research on wealth disparities between nations, focusing on institutions and the rule of law’s impact on prosperity. The laureates, not American, were commended for showing that democracies promote growth in the long run, with Acemoglu emphasizing their work’s focus on the effects of colonialism on institutional trajectories. Acemoglu, born in Turkey and based at MIT, collaborated with Johnson and Robinson, with Johnson, originally from Sheffield, and Robinson, holding British and American citizenship, having academic backgrounds in the UK and US.
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Is Nvidia the Top Artificial Intelligence Stock to Buy in July?
As of mid-2025, artificial intelligence (AI) continues to dominate market trends, with significant capital expenditures anticipated for AI-related cloud computing, particularly benefitting Nvidia (NASDAQ: NVDA), a leading AI stock. Despite potential investor fatigue from AI hype, Nvidia remains a strong investment choice going into July. Explain It To Me Like I'm 5: As we get to the middle of 2025, everyone is still really excited about robots and computers that can think, especially Nvidia, a...
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