We congratulate our alumnus Simon Johnson (Corpus Christi College, PPE, 1984) on being awarded the 2024 Nobel Prize in Economic Sciences. Johnson, alongside Daron Acemoglu and James Robinson, was honoured for his pioneering research on the role of political and economic institutions in shaping national prosperity.
Simon Johnson’s academic journey began at Oxford, where his studies in Philosophy, Politics, and Economics laid the foundation for his influential career in economic research. His Nobel-winning work highlights the importance of inclusive institutions in driving long-term economic development, offering valuable insights into why some nations thrive while others lag behind.
Johnson’s research has focused on the lasting impact of colonial institutions and how inclusive political systems are essential for long-term economic development. His studies have significantly shaped modern economic thought, providing policymakers with valuable tools to address inequality and promote sustainable growth.
We are also pleased to highlight that Daron Acemoglu, one of Johnson’s co-recipients, served as the 2024 Sanjaya Lall Visiting Professor at our department, as part of the continuing engagement between our academic community and leading global economists.
We extend our warmest congratulations to Simon Johnson, Daron Acemoglu, and James Robinson on this remarkable achievement.