The Nobel committee announces the winners of the 2024 Nobel Memorial Prize in Economic Sciences.Atila Altuntas/Anadolu via Getty ImagesDaron Acemoglu, Simon Johnson, and James A. Robinson won the Nobel prize in economics.The Nobel committee said their work helped demonstrate how institutions affect wealth inequality.The three winners, who are based in the US, will divide the $1.1 million prize money equally.Three economists at US universities have been awarded the Nobel Memorial Prize in Economic Sciences for their work on how institutions affect wealth inequality.Daron Acemoglu, Simon Johnson, and James A.