Victor V. Claar is associate professor of economics in the Lutgert College of Business at Florida Gulf Coast University and an Acton Institute affiliate scholar.
Posts by Victor V. Claar
October 23, 2025
We live in an amazing time. As David Kotter recently noted in
The Washington Times, we have flipped “extreme global poverty” in just the past 250 years: When the USA was founded, roughly 90% of earth’s population lived in—by today’s standards—extreme poverty.
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November 06, 2024
This year’s Nobel Prize in Economic Sciences has been awarded to Daron Acemoglu (MIT), Simon Johnson (MIT), and James A. Robinson (U of Chicago) for their work investigating why some countries flourish while others don’t.
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October 13, 2023
Harvard’s Claudia Goldin is our newest Nobel laureate in economics. Her accumulated efforts have helped us better understand women’s roles in the labor market—both historically and in contemporary society.
It’s worth noting that the economics prize isn’t one of the awards funded by Alfred Nobel’s initial endowment.
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October 26, 2022
Earlier this month, Ben Bernanke, Douglas Diamond, and Philip Dybvig were awarded the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel. Bernanke, Diamond, and Dybvig were honored for their many contributions to our shared understanding of both the role of banking and banking failures.
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