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Daron Acemoglu
Finance & Economics
Daron Acemoglu is a Turkish-American economist whose research examines political economy, economic development, labor economics, and the role of institutions in prosperity.
Biography
Daron Acemoglu is a Turkish-American economist of Armenian descent, born in 1967. He has worked at the Massachusetts Institute of Technology since 1993, where he holds the Elizabeth and James Killian Professorship of Economics. MIT named him an Institute Professor in 2019. His main research areas are political economy, development economics, and labor economics.
Acemoglu received the John Bates Clark Medal in 2005. In 2024, he shared the Nobel Memorial Prize in Economic Sciences with Simon Johnson and James A. Robinson for comparative studies of prosperity across states and empires. In Why Nations Fail, coauthored with James Robinson, he examines how political and economic institutions shape differences in national prosperity.
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Books by Daron Acemoglu
Why Nations Fail
Why Nations Fail argues that political and economic institutions, rather than culture, weather, or geography alone, underlie national economic success or failure. Drawing on fifteen years of research, it uses historical evidence and comparisons such as North and South Korea to explain differences in prosperity.