The Nobel Prize in Economics 2024: How Institutions Shape Development | with Navid Sabet

In this episode, we explore the contributions of this year’s Nobel Prize laureates in Economics – Daron Acemoglu, Simon Johnson, and James Robinson – and their work on the role of institutions in shaping economic prosperity. Our guest, Navid Sabet guides us through their core findings and shares his perspective on their influential research and its impact on the field of political economy. Finally, he connects these insights to his own research, examining how institutions affect immigration reform and economic opportunities.

Navid Sabet is Assistant Professor in Economics at Goethe University Frankfurt. His research interests lie in the areas of political economy, applied microeconomics and public economics.

Navid mentions the Nobel Prize winners’ famous paper from 2001, “The Colonial Origins of Comparative Development: An Empirical Investigation”. You can find it here.

For more info on Navid’s research, you can check out his homepage or his paper on Immigrant legalization and the redistribution of state funds in the US.