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 experimental approach has “reshaped development economics, had a clear impact on policy and improved our ability to fight global poverty,” he said. Duflo, 46, said via a phone call from th ...

The Nobel Prize in economics was awarded Monday to three researchers — including the youngest-ever recipient — whose approach to alleviating global poverty has been widely adopted in the field.