The prize committee stated, "Societies with a poor rule of law and institutions that exploit the population do not generate growth or change for the better." This underscores the crucial role of institutions in economic prosperity.
Daron Acemoglu emphasized at the press conference, "We are in the age of AI, but I remain convinced that human productivity, human ingenuity, and human resources broadly construed are still key to the meaningful flourishing of countries." His statement reflects the ongoing relevance of human factors in economic success.
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