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Simon Johnson

Ronald A. Kurtz Professor of Entrepreneurship · MIT Sloan School of Management

Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan, working on long-term development, corporate finance, political economy and technology. Shared the 2024 Nobel Prize in Economic Sciences with Daron Acemoglu and James Robinson.

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Published American Economic Review Published Jul 2026

A Theory of Price Caps on Non-Renewable Resources

Simon Johnson · Lukasz Rachel · Catherine Wolfram

This paper asks what the optimal response of an exhaustible-resource producer is to sanctions in the form of a price cap, and how a sanctioning coalition should set the cap. The motivation is the …

International Financial Markets Macro Dynamics Expectations Free Read ↗