American Economists, Brain Drain, and Democracy

There is a notable dominance of the United States as a country and Jews as a people among the Nobel laureates in economics. Since the Nobel Prize in Economics was first awarded in 1969, 79 people have received the prize up until 2017. Of these, 55 were American economists, and 10 were British. The remaining laureates represent other countries. If we examine the last seven years, we see that this figure has not changed much. Fifty-five of these American economists are still alive and working in various educational and research centers. Nobel laureates in economics make up 43 percent of those working in the field of science in the United States. In 2019, this figure was 41 percent. The reason for this is not that the United States pressures or bribes Stockholm for the prize, which would be a ridiculous claim. The U.S. has simply built a high-quality education and science system and provides comprehensive support for prepared scientists. Additionally, they attract the brightest minds and scientific potential from around the world like a magnet.

Mahammad Talibli PHD c-in economic