To Financial-services companies starving for cash during the subprime-credit crises, where bailout money comes from is less important than the fact that it’s available at all. Just ask investors in ...

The wealth and poverty of nations has been a preoccupation of economists since Adam Smith founded the discipline 250 years ago, when he wrote a book titled, The Wealth of Nations. This year's Nobel ...

The Nobel Prize in Economics was awarded Monday to a trio of U.S.-based researchers, for their study of the institutional roots of wealth and poverty among nations. Ever since Adam Smith wrote "The ...

The Nobel economics prize was awarded to Daron Acemoglu, Simon Johnson and James Robinson, who provided new insights into why there are such vast differences in prosperity between nations. Acemoglu ...