The professors claim to have discovered why some countries prosper and others remain poor. In the poor countries, they claim, wealth is concentrated in a few ultra wealthy people. In wealthy countries, wealth is distributed across the society.
This is liberal garbage. The U.S. is a wealthy country because it had the Rothchilds, Mellons, Rockefellers and Trumps. When the rich run things everyone benefits. Landover Baptist has been preaching this for over a century. We should receive the $1 million Noble Prize.
The Prize in Economic Sciences 2024 - Press release - NobelPrize.org