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(14 Oct 2024) FOR CLEAN VERSION SEE STORY NUMBER: 4525704 RESTRICTION SUMMARY: ASSOCIATED PRESS Chicago - 14 October 2024 1.James A. Robinson, Nobel Lauretae and family 2. SOUNDBITE (English) James A. Robinson , Nobel Laureate, Economic Sciences: "Well, we've been studying, you know, really inequality in the world today and historically trying to understand the enormous inequalities between prosperous countries like the United States and poor countries. And so I think like trying to understand those differences and why they exist and what you can do about them, that's been the focus of our research. And I think that's hopefully that's important for for everyone." ++WHITE FRAMES ++ 3. SOUNDBITE (English) James A. Robinson, Nobel Laureate, Economic Sciences: "Like, what is it that makes this country successful and how can we sustain that? And it's important to understand in poor countries, how do we change things to make people's lives better and people's futures different?" ++WHITE FRAMES ++ 6. SOUNDBITE (English) James A. Robinson, Nobel Laureate, Economic Sciences.: "My view, our view of the world is that, you know, changing these differences you see in the world today is not it's not really about economists. It's not really about clever ideas or it's not engineering or technical solutions. People in poor countries understand the problems, you know, but they have to combine. They have to unite. They have to act collectively to change their situation. And maybe ideas can help. Ideas can help them understand the challenges in their society." ++WHITE FRAMES ++ 7. SOUNDBITE (English) James A. Robinson, Nobel Laureate, Economic Sciences: "That's what we've been doing for 30 years. Darren and Simon and I have been working for almost 30 years together, so it's sort of our life's work, you know. So so that's we've been thinking about these ideas, working on them, researching them, writing for a long time. And so I think that's kind of recognition, I suppose, of, you know, what we've been doing for so many years." 8. Robinson at table 9. SOUNDBITE (English) James A. Robinson, Nobel Laureate, Economic Sciences: "Yeah, I my wife woke me up. I was sleeping, I turned my telephone off. I usually turn my telephone off at night. So she woke me up and said, 'You have to get up, you need to get up.' And I said, Why? She said, You've won the Nobel Prize." STORYLINE: The Nobel memorial prize in economics was awarded Monday to James A. Robinson, Daron Acemoglu and Simon Johnson for research that explains why societies with poor rule of law and exploitative institutions do not generate sustainable growth. The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Nobel committee of the Royal Swedish Academy of Sciences said at the announcement in Stockholm. Acemoglu and Johnson work at the Massachusetts Institute of Technology while Robinson conducts his research at the University of Chicago. "Ii's a huge kind of honor," Robinson said. "I don't know, it'll take a bit of time for it to sink in, probably." =========================================================== Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: / ap_archive Facebook: / aparchives Instagram: / apnews You can license this story through AP Archive: http://www.aparchive.com/metadata/you...