Daron Acemoglu

{{Short description|Turkish-American economist (born 1967)}} {{Use mdy dates|date=October 2024}} {{Infobox economist | name = Daron Acemoglu | image = Acemoglu 2016 (3x4 cropped).png | caption = Acemoglu in 2016 | birth_name = Kamer Daron Acemoğlu | birth_date = {{birth date and age|1967|9|3}} | birth_place = [[Istanbul]], [[Turkey]] | death_date = | death_place = | citizenship = Turkey United States | spouse = [[Asuman Özdağlar|Asu Ozdaglar]] | education = [[University of York]] ([[Bachelor of Arts|BA]]) [[London School of Economics]] ([[Master of Science|MSc]], [[Doctor of Philosophy|PhD]]) | thesis_title = Essays in Microfoundations of Macroeconomics: Contracts and Macroeconomic Performance | thesis_url =  | thesis_year = 1992 | doctoral_advisor = [[Kevin W. S. Roberts]] | influences = {{hlist |[[Joel Mokyr]] |[[Kenneth Sokoloff]] |[[Douglass North]] |[[Seymour Martin Lipset]] |[[Barrington Moore]]}} | field = [[Political economy]] [[Economic growth]] [[Development economics]] [[Labour economics]] | school_tradition = [[New institutional economics]] | workplaces = {{ubl |[[London School of Economics]] (1989–1993) |[[Massachusetts Institute of Technology]] (1993–present)}} | doctoral_students = {{hlist |[[Robert Shimer]] |[[Mark Aguiar]] |[[Pol Antràs]] |[[Gabriel Carroll]] |[[Melissa Dell]] |[[Benjamin Jones (economist)|Benjamin Jones]] |[[Ufuk Akcigit]]}} | awards = {{ubl |[[John Bates Clark Medal]] (2005) |[[John von Neumann Award]] (2007) |[[Erwin Plein Nemmers Prize in Economics]] (2012) |[[BBVA Foundation Frontiers of Knowledge Award]] (2016) |[[Nobel Memorial Prize in Economic Sciences]] (2024)}} | repec_id = pac16 | repec_prefix = e }} '''Kamer Daron Acemoğlu'''{{Efn|{{IPA|tr|daˈɾon aˈdʒemoːɫu|lang}};<ref>{{Cite web |date=October 15, 2024 |title=Prof. Dr. Daron Acemoğlu'na Nobel Ekonomi Ödülü'nü Getiren Makale |trans-title=The Article that brought Prof. Dr. Daron Acemoglu the Nobel Prize in Economics |url=https://www.youtube.com/watch?v=0hZ8ofX_pV4 |access-date=October 15, 2024 |website=[[YouTube]] |publisher=[[Bloomberg Television|BloombergHT]] |language=Turkish}}</ref> {{langx|hy|Տարոն Աճեմօղլու}}}} (born September 3, 1967) is a [[Turkish-American]] economist of [[Armenians in Turkey|Armenian descent]] who has taught at the [[Massachusetts Institute of Technology]] since 1993, where he is currently the [[James Rhyne Killian|Elizabeth and James Killian]] Professor of Economics, and was named an [[List of Institute Professors at the Massachusetts Institute of Technology|Institute Professor]] at MIT in 2019.<ref name="MIT-CV">{{cite web|url=https://economics.mit.edu/sites/default/files/2022-08/Daron%20Acemoglu%20CV.pdf|title=Daron Acemoğlu CV August 2022|website=economics.mit.edu}}</ref> His primary research fields include political economy, development economics, and labor economics. He received the [[John Bates Clark Medal]] in 2005, and the [[Nobel Memorial Prize in Economic Sciences]] in 2024.<ref name="MIT-CV"/><ref>{{Cite web |title=The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 |url=https://www.nobelprize.org/prizes/economic-sciences/2024/summary/ |access-date=October 14, 2024 |website=NobelPrize.org |language=en-US}}</ref>

Acemoglu ranked third, behind [[Paul Krugman]] and [[Greg Mankiw]], in the list of "Favorite Living Economists Under Age 60" in a 2011 survey among American economists. In 2015, he was named the most cited economist of the past 10 years per [[Research Papers in Economics]] (RePEc) data. According to the [[Open Syllabus Project]], Acemoglu is the third most frequently cited author on college [[syllabus|syllabi]] for economics courses after Mankiw and Krugman.<ref>{{cite web |title=192,209 Authors |url=https://opensyllabus.org/results-list/authors?size=50&fields=Economics |website=opensyllabus.org |publisher=Open Syllabus |archive-url=https://web.archive.org/web/20220921150129/https://opensyllabus.org/results-list/authors?size=50&fields=Economics |archive-date=September 21, 2022}}</ref>

In 2024, Acemoglu, [[Simon Johnson (economist)|Simon Johnson]], and [[James A. Robinson]] were awarded the [[Nobel Memorial Prize in Economic Sciences]] for their [[Cross-cultural studies|comparative studies]] in prosperity between states and empires.<ref>{{Cite web |title=The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 |url=https://www.nobelprize.org/prizes/economic-sciences/2024/press-release/ |access-date=October 14, 2024 |website=NobelPrize.org |language=en-US}}</ref> He is regarded as a centrist with a focus on institutions, poverty and econometrics.

==Early and personal life== Kamer Daron Acemoğlu<ref>{{cite news|title=Arşaluys Acemoğlu|url=http://gazetearsivi.milliyet.com.tr/Arsiv/1985/05/14|archive-url=https://web.archive.org/web/20101013130944/http://gazetearsivi.milliyet.com.tr/Arsiv/1985/05/14|url-status=dead|archive-date=October 13, 2010|work=[[Milliyet]]|date=May 14, 1985|language=tr|quote=...Kevork ve İrma Acemoğulları...Kamer Daron Acemoğlu...}}</ref><ref name="bl.uk"/>{{efn|[[Western Armenian]]: Տարօն Աճէմօղլու.<ref>{{cite news|title=Աճեմօղլու արաջին դիրքի վրայ|url=http://www.jamanak.com/content/%D5%AC%D6%80%D5%A1%D5%B0%D5%B8%D5%BD/31-07-2015-%D5%A1%D5%B3%D5%A7%D5%B4%D6%85%D5%B2%D5%AC%D5%B8%D6%82-%D5%A1%D5%BC%D5%A1%D5%BB%D5%AB%D5%B6-%D5%A4%D5%AB%D6%80%D6%84%D5%AB-%D5%BE%D6%80%D5%A1%D5%B5|work=[[Jamanak]]|date=July 31, 2015|language=hy}}</ref><ref>{{cite news|title=Տարօն Աճէմօղլու Ստացաւ "Կալաթասարայ" Մրցանակը|url=http://asbarez.com/arm/134401/%D5%BF%D5%A1%D6%80%D6%85%D5%B6-%D5%A1%D5%B3%D5%A7%D5%B4%D6%85%D5%B2%D5%AC%D5%B8%D6%82-%D5%BD%D5%BF%D5%A1%D6%81%D5%A1%D6%82-%D5%AF%D5%A1%D5%AC%D5%A1%D5%A9%D5%A1%D5%BD%D5%A1%D6%80%D5%A1%D5%B5/|work=[[Asbarez]]|date=June 28, 2012|language=hy|access-date=September 16, 2017|archive-date=September 17, 2017|archive-url=https://web.archive.org/web/20170917075554/http://asbarez.com/arm/134401/%D5%BF%D5%A1%D6%80%D6%85%D5%B6-%D5%A1%D5%B3%D5%A7%D5%B4%D6%85%D5%B2%D5%AC%D5%B8%D6%82-%D5%BD%D5%BF%D5%A1%D6%81%D5%A1%D6%82-%D5%AF%D5%A1%D5%AC%D5%A1%D5%A9%D5%A1%D5%BD%D5%A1%D6%80%D5%A1%D5%B5/ |url-status=dead}}</ref> Acemoğlu is the [[Turkification|Turkified]] version of the Armenian last name Ajemian (Աճէմեան). Its root derives from the Arabic term ''[[ajam]]'', used for non-Arabs, especially Persians. Most of Turkey's Armenians changed their last names due to the 1934 [[Surname Law]]. His first name is the Western Armenian version of Taron, a male given name from a [[Taron (historic Armenia)|historic region]].}} was born in [[Istanbul]] to [[Armenians|Armenian]] parents on September 3, 1967.<ref name="mit cv"/><ref>{{cite book |last1=Sorman |first1=Guy |title=Economics Does Not Lie: A Defense of the Free Market in a Time of Crisis |date=2013 |publisher=[[Encounter Books]] |isbn=978-1594032547 |page=[https://books.google.com/books?id=–7ftEOQozu8C&pg=PA31&lpg=PA31&dq=Daron+Acemoglu 31] |quote=...Daron Acemoğlu, an Armenian from Turkey... |author-link1=Guy Sorman}}</ref><ref name="hurriyetdailynews2015" /> His father, Kevork Acemoglu (1938–1988), was a commercial lawyer and lecturer at [[Istanbul University]]. His mother, Irma Acemoglu ({{died-in|1991}}), was a poet and the principal of {{ill|Aramyan Uncuyan|tr|Aramyan Uncuyan Ermeni İlk ve Ortaokulu|hy|Արամյան-Ունճյան վարժարան}}, an Armenian elementary school in [[Kadıköy]],<ref>{{cite news|title=Daron Acemoğlu, dünyanın en önemli 10 iktisatçısından biri|url=http://www.agos.com.tr/tr/yazi/5897/daron-acemoglu-dunyanin-en-onemli-10-iktisatcisindan-biri|work=[[Agos]]|date=October 28, 2013|archive-url=https://web.archive.org/web/20170908210804/http://www.agos.com.tr/tr/yazi/5897/daron-acemoglu-dunyanin-en-onemli-10-iktisatcisindan-biri|archive-date=September 8, 2017|language=tr}}</ref><ref name="armenianweekly"/><ref name="boston 2005"/> which he attended, before graduating from [[Galatasaray High School]] in 1986.<ref>{{cite news |title=Daron Acemoğlu kimdir? Kaç yaşında, nereli, mesleği ne? Prof. Dr. Daron Acemoğlu'nun hayatı ve biyografisi! |url=https://www.haberler.com/daron-acemoglu-kimdir-kac-yasinda-nereli-14331400-haberi/ |archive-url=https://web.archive.org/web/20210820175545/https://www.haberler.com/daron-acemoglu-kimdir-kac-yasinda-nereli-14331400-haberi/ |archive-date=August 20, 2021 |work=haberler.com |language=tr |quote=İlköğrenimini İstanbul Kadıköy'deki Aramyan Uncuyan Ermeni İlkokulu'nda tamamladıktan...}}</ref><ref name="azatutyun" /><ref>{{cite news |title=Galatasaray Ödülü Daron Acemoğlu'na |url=http://www.agos.com.tr/tr/yazi/113/galatasaray-odulu-daron-acemogluna |work=[[Agos]] |date=December 16, 2011 |archive-url=https://web.archive.org/web/20200317125600/http://www.agos.com.tr/tr/yazi/113/galatasaray-odulu-daron-acemogluna |archive-date=March 17, 2020 |language=tr}}</ref> He became interested in politics and economics as a teenager.<ref name="boston 2005"/>

He was educated at the [[University of York]], where he received a [[Bachelor of Arts|BA]] in economics in 1989, and at the [[London School of Economics]] (LSE), where he received an [[Master of Science|MSc]] in econometrics and mathematical economics in 1990, and a [[Doctor of Philosophy|PhD]] in economics in 1992.<ref name="mit.edu"/> His doctoral thesis was titled ''Essays in Microfoundations of Macroeconomics: Contracts and Economic Performance''.<ref name="mit cv"/><ref name="bl.uk"/> His [[doctoral advisor]] was [[Kevin W. S. Roberts]].<ref name="genealogy"/> [[James M. Malcomson|James Malcomson]], one of his doctoral examiners at the LSE, said that even the weakest three of the seven chapters of his thesis were "more than sufficient for the award of a PhD."{{sfn|Shimer|2007|p=191}} [[Arnold Kling]] called him a [[wunderkind]] due to the fact that he received his PhD by the time he was 25.<ref>{{citation |last=Kling|first=Arnold|author-link=Arnold Kling|title=Acemoglu on Growth|publisher=[[Liberty Fund|Library of Economics and Liberty]]|date=October 3, 2007|url=https://archive.org/details/AcemogluOnGrowthEconlib}}</ref>

Acemoglu is a [[Citizenship of the United States|naturalized US citizen]].<ref name="frontiersofknowledgeawards"/> He is fluent in English and [[Turkish language|Turkish]],<ref>Examples of Acemoglu speaking Turkish: * {{cite web|title=Özgürlük ve Ekonomik Büyüme: Daron Acemoğlu ve Gönenç Gürkaynak Konferansı| website=[[YouTube]] |url=https://www.youtube.com/watch?v=rynPJK3LvK8| archive-url=https://ghostarchive.org/varchive/rynPJK3LvK8?url=https://www.youtube.com/watch?v=rynPJK3LvK8| archive-date=September 24, 2021|language=tr|date=December 19, 2014}}{{cbignore}} * {{cite web|title=CEO Club Toplantısı – Daron Acemoğlu "Global Ekonomi 2016"|url=https://www.youtube.com/watch?v=oVx6Ankaotc| archive-url=https://ghostarchive.org/varchive/oVx6Ankaotc?url=https://www.youtube.com/watch?v=oVx6Ankaotc| archive-date=September 24, 2021|publisher=Capital Dergisi|language=tr|date=April 15, 2016}}{{cbignore}} </ref> and speaks some [[Armenian language|Armenian]].<ref name="VoA2018">{{cite web |title=Հայաստանը թեւակոխեց զարգացման նոր փուլ՝ Տարոն Աճեմօղլու |trans-title=Armenia entered a new stage of development: Daron Acemoglu|url=https://www.youtube.com/watch?v=x0aF2tQfjwE |publisher=[[Voice of America]] Armenian Service |archive-url=https://web.archive.org/web/20230104100808/https://www.youtube.com/watch?v=x0aF2tQfjwE&gl=US&hl=en |archive-date=January 4, 2023 |language=hy |date=May 31, 2018 |access-date=January 4, 2023 |url-status=dead }}</ref> He is married to [[Asuman Özdağlar|Asuman "Asu" Ozdağlar]], a professor of electrical engineering and computer science at MIT,<ref name="boston 2005"/><ref>{{cite news|last1=Hardesty|first1=Larry|title=Gaming the System|url=https://www.technologyreview.com/s/515481/gaming-the-system/|work=[[MIT Technology Review]]|date=June 18, 2013|quote=...Ozdaglar and her husband, the MIT economist Daron Acemoglu...}}</ref> who is the daughter of [[İsmail Özdağlar]], a former Turkish government minister. Together, they have authored several articles.<ref>{{cite web|title=Asuman Ozdaglar|url=https://www.nber.org/people/asuman_ozdaglar|publisher=[[National Bureau of Economic Research]]}}</ref><ref>{{cite web|title=Asuman Ozdaglar|url=https://scholar.google.com/citations?user=nWnBSOsAAAAJ&hl=en|publisher=[[Google Scholar]]|access-date=November 10, 2017|archive-date=October 13, 2020|archive-url=https://web.archive.org/web/20201013165010/https://scholar.google.com/citations?user=nWnBSOsAAAAJ&hl=en|url-status=dead}}</ref> {{As of|2015}}, they live in [[Newton, Massachusetts]], with their two sons, Arda and Aras.<ref>{{cite web|title=Political Institutions and Comparative Development|url=https://www.nber.org/reporter/2015number2/acemoglu.html|website=nber.org|publisher=[[National Bureau of Economic Research]]|archive-url=https://web.archive.org/web/20170915220439/http://www.nber.org/reporter/2015number2/acemoglu.html|archive-date=September 15, 2017}}</ref>

==Academic career== [[File:Daron Acemoglu.jpg|thumb|Acemoglu in 2009]] [[File:Daron Acemoglu2020.jpg|thumb|Acemoglu in his office, January 2020]]

Acemoglu was a [[lecturer]] in economics at the London School of Economics from 1992 to 1993.<ref name="MIT-CV"/> He was appointed an [[assistant professor]] at MIT in 1993, where he became the [[Pentti Kouri]] Associate Professor of Economics in 1997, and was [[Academic tenure|tenured]] in 1998.<ref name="MIT-CV"/><ref name="imf"/> He became a [[Professor (highest academic rank)|full professor]] at MIT in 2000, and served as the [[Charles P. Kindleberger]] Professor of Applied Economics there from 2004 to 2010.<ref name="MIT-CV"/><ref name="Mallard"/> In 2010, Acemoglu was appointed the [[James Rhyne Killian|Elizabeth and James Killian]] Professor of Economics at MIT.<ref name="mit cv"/> In July 2019, he was named an [[List of Institute Professors at the Massachusetts Institute of Technology|Institute Professor]], the highest faculty honor at MIT.<ref name="InstProf">{{cite web |title=Daron Acemoglu named Institute Professor |first=Peter |last=Dizikes |url=https://news.mit.edu/2019/daron-acemoglu-institute-professor-0710 |website=news.mit.edu |publisher=MIT News Office |archive-url=https://web.archive.org/web/20190711175057/http://news.mit.edu/2019/daron-acemoglu-institute-professor-0710 |archive-date=July 11, 2019 |date=July 10, 2019}}</ref>

{{As of|2019}}, he has mentored over 60 PhD students.<ref name="InstProf"/> Among his doctoral students are [[Ufuk Akcigit|Ufuk Akçiġit]], [[Robert Shimer]], [[Mark Aguiar]], [[Pol Antràs]], and [[Gabriel Carroll]].<ref name="genealogy"/> In 2014, he made $841,380, making him one of the top earners at MIT.<ref>{{cite news|last=Bingham|first=Emma|title=MIT's highest pay goes to administrators, MITIMCo leadership|url=https://thetech.com/2016/06/02/mit-highest-compensation-2014|work=[[The Tech (newspaper)|The Tech]]|date=June 2, 2016|url-status=live|archive-url=https://web.archive.org/web/20170917032253/https://thetech.com/2016/06/02/mit-highest-compensation-2014|archive-date=September 17, 2017}}</ref>

Acemoglu is a research associate at the [[National Bureau of Economic Research]] (NBER), and was elected a [[List of fellows of the Econometric Society|Fellow]] of the [[Econometric Society]] in 2005.<ref name="mit.edu" /><ref name="MIT-CV"/><ref>{{Cite web |title=Current Fellows |url=http://www.econometricsociety.org/society/organization-and-governance/fellows/current |access-date=January 23, 2024 |website=www.econometricsociety.org |language=en}}</ref> He was elected to the [[American Academy of Arts and Sciences]] in 2006, and to the [[National Academy of Sciences]] in 2014.<ref>{{Cite web |title=Member Directory {{!}} American Academy of Arts and Sciences |url=https://www.amacad.org/directory?field_class_section=21&field_class_section_1=36&field_deceased=All&sort_bef_combine=field_last_name_ASC |access-date=January 23, 2024 |website=www.amacad.org}}</ref><ref>{{Cite web |title=Member Search |url=https://www.nasonline.org/member-directory/ |access-date=January 23, 2024 |website=www.nasonline.org}}</ref> He is also a Senior Fellow at the [[Canadian Institute for Advanced Research]], and a member of several other learned societies.<ref name="mit.edu" /><ref>{{cite web|title=Daron Acemoglu|url=https://www.cifar.ca/profiles/daron-acemoglu/|website=cifar.ca}}</ref><ref>{{cite web |title=Daron Acemoglu |url=https://www.nber.org/people/Daron_Acemoglu |website=nber.org |publisher=[[National Bureau of Economic Research]]}}</ref> He edited ''[[Econometrica]]'', an academic journal published by the [[Econometric Society]], from 2011 to 2015.<ref>{{cite web|title=Past Editors and Co-editors of Econometrica|url=https://www.econometricsociety.org/publications/econometrica/editorial-board/past-editors-and-co-editors-econometrica|website=econometricsociety.org|publisher=[[Econometric Society]]|url-status=live|archive-url=https://web.archive.org/web/20161130022444/http://www.econometricsociety.org/publications/econometrica/editorial-board/past-editors-and-co-editors-econometrica|archive-date=November 30, 2016}}</ref>

Acemoglu has authored hundreds of academic papers.<ref name="scholar.google" /> He noted that most of his research has been "motivated by trying to understand the sources of poverty."<ref name="frontiersofknowledgeawards" /> His research includes a wide range of topics, including [[political economy]], [[human capital]] theory, [[growth theory]], [[economic development]], innovation, [[labor economics]],<ref name="mit.edu" />{{sfn|Shimer|2007|pp=199–200}} income and wage inequality, and [[network economics]], among others.<ref>{{cite web|title=Daron Acemoglu|url=https://www.cifar.ca/profiles/daron-acemoglu/|website=cifar.ca|publisher=[[Canadian Institute for Advanced Research]]}}</ref> He noted in 2011 that most his research of the past 15 years concerned with what can be broadly called political economy.<ref name="Clement" /> He has made contribution to the labor economics field.<ref name="frontiersofknowledgeawards" />

Acemoglu has extensively collaborated with [[James A. Robinson (economist)|James A. Robinson]], a British political scientist and his peer at the [[London School of Economics]].<ref name="imf"/> Acemoglu has described it as a "very productive relationship." They have worked together on many articles and books, most of which are on the subject of growth and economic development.<ref name="frontiersofknowledgeawards"/> The two have also extensively collaborated with economist [[Simon Johnson (economist)|Simon Johnson]].<ref name="JohnsonNYTimes12"/>

==Research and publications== Acemoglu is considered a follower of [[new institutional economics]].<ref>{{cite journal|last1=Dzionek-Kozłowska|first1=Joanna|last2=Matera|first2=Rafał|title=New Institutional Economics' Perspective on Wealth and Poverty of Nations. Concise Review and General Remarks on Acemoglu and James A. Robinson's Concept|journal=Annals of the Alexandru Ioan Cuza University – Economics|date=October 2015|volume=62|issue=1|pages=11–18|doi=10.1515/aicue-2015-0032|doi-broken-date=July 1, 2025 |doi-access=free}}</ref><ref>{{cite book|last1=Keefer|first1=Philip|last2=Knack|first2=Stephen|title=Handbook of New Institutional Economics|date=2005|pages=700–725|chapter-url=https://mpra.ub.uni-muenchen.de/25025/|chapter=Social capital, social norms and the New Institutional Economics}}</ref><ref>{{cite web |title=Introductory Reading List: New Institutional Economics |url=https://www.coase.org/niereadinglist.htm |website=coase.org |publisher=Ronald Coase Institute |access-date=January 11, 2020 |archive-url=https://web.archive.org/web/20191225105852/https://www.coase.org/niereadinglist.htm |archive-date=December 25, 2019}}</ref> His influences include [[Joel Mokyr]], [[Kenneth Sokoloff]],<ref name="Mokyr&Sokoloff" /> [[Douglass North]],<ref>{{cite web|last1=Wilkinson|first1=Will|author-link1=Will Wilkinson|title=The Great Enrochment and Social Justice|url=https://niskanencenter.org/blog/the-great-enrichment-and-social-justice/|publisher=[[Niskanen Center]]|date=May 10, 2016|quote=Douglass North and his followers, such as Daron Acemoglu and James Robinson...}}</ref> [[Seymour Martin Lipset]],<ref name="Dewan" /> and [[Barrington Moore]].<ref name="Dewan"/>

===Books=== ====''Economic Origins of Dictatorship and Democracy''==== Published by [[Cambridge University Press]] in 2006, ''Economic Origins of Dictatorship and Democracy'' by Acemoglu and [[James A. Robinson (economist)|Robinson]] analyzes the creation and consolidation of democratic societies. They argue that "democracy consolidates when elites do not have a strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization."<ref>{{cite web|title=Economic Origins of Dictatorship and Democracy|url=http://www.cambridge.org/am/academic/subjects/economics/public-economics-and-public-policy/economic-origins-dictatorship-and-democracy?format=HB&isbn=9780521855266#o9XJLbwV6hO1KmBV.97|publisher=[[Cambridge University Press]]}}</ref> The book's title is derived from ''[[Social Origins of Dictatorship and Democracy]]'', a 1966 book by [[Barrington Moore Jr.]]<ref name="Acemoglu_Page_38">{{cite book |last1=Acemoglu |first1=Daron |last2=Robinson |first2=James A. |author1-link=Daron Acemoglu |author2-link=James A. Robinson |title=Economic Origins of Dictatorship and Democracy |date=2006 |publisher=Cambridge University Press |location=Cambridge |isbn=9780521855266 |page=38 |url=https://books.google.com/books?id=gzdbfu55IGgC&pg=PA38}}</ref>

[[Romain Wacziarg]] praised the book and argued that its substantive contribution is the theoretical fusion of the Marxist [[dialectical materialism]] ("institutional change results from distributional struggles between two distinct social groups, a rich ruling class and a poor majority, each of whose interests are shaped primarily by economic forces") and the ideas of [[Barry Weingast]] and [[Douglass North]], who argued that "institutional reform can be a way for the elite to credibly commit to future policies by delegating their enactment to interests that will not wish to reverse them."<ref>{{cite journal|last=Wacziarg|first=Romain|author-link=Romain Wacziarg|title=Determinants of Democratization|journal=[[Science (journal)|Science]]|date=September 15, 2006|volume=313|issue=5793|pages=1576–1577|jstor=20031295|doi=10.1126/science.1131936|s2cid=154213515}}</ref> [[William Easterly]] called it "one of the most important contributions to the literature on the economics of democracy in a long time." [[Edward Glaeser]] described it as "enormously significant" work and a "great contribution to the field."<ref>{{cite journal|title=Review: Four Reviews of "Economic Origins of Dictatorship and Democracy"|journal=[[The Economic Journal]]|date=February 2007|volume=117|issue=517|pages=F162–F183|jstor=4625479|doi=10.1111/j.1468-0297.2007.02031_1.x | last1 = Drazen | first1 = Allan|doi-access=free}}</ref>

====''Why Nations Fail''==== [[File:"Why Nations Fail" by Daron Acemoglu and James Robinson.jpg|thumb|120px|''Why Nations Fail'' was included in the Shortlist of the 2012 ''[[Financial Times]]'' [[Financial Times and McKinsey Business Book of the Year Award|Business Book of the Year Award]].]]

In their 2012 book, ''[[Why Nations Fail]]'', Acemoglu and Robinson argue that economic growth at the forefront of technology requires political stability, which the [[Mayan civilization]] (to name only one) did not have,<ref>e.g., p. 143</ref> and [[creative destruction]]. The latter cannot occur without institutional restraints on the granting of monopoly and oligopoly rights. They say that the [[Industrial Revolution]] began in [[Great Britain]], because the English [[Bill of Rights 1689]] created such restraints.

Acemoglu and Robinson insist that "development differences across countries are exclusively due to differences in political and economic institutions, and reject other theories that attribute some of the differences to culture, weather, geography or lack of knowledge about the best policies and practices."<ref name=Radelet>{{cite web|last1=Radelet|first1=Steven|author-link1=Steven Radelet|title=Why Nations Fail by Daron Acemoglu and James A. Robinson|url=https://www.usaid.gov/fallsemester/usaid-101/book-club/why-nations-fail|publisher=[[United States Agency for International Development]]|archive-url=https://web.archive.org/web/20170916201826/https://www.usaid.gov/fallsemester/usaid-101/book-club/why-nations-fail|archive-date=September 16, 2017|date=October 12, 2012}}</ref> For example, "Soviet Russia generated rapid growth as it caught up rapidly with some of the advanced technologies in the world [but] was running out of steam by the 1970s" because of a lack of creative destruction.<ref>p. 150.</ref>

The book was written for a general audience.<ref name=Radelet/> It was widely discussed by political analysts and commentators.<ref>{{cite news|title=Creating economic wealth: The big why|url=https://www.economist.com/books-and-arts/2012/03/10/the-big-why|newspaper=[[The Economist]]}}</ref><ref name="Friedman">{{cite news|last1=Friedman|first1=Thomas L.|author-link1=Thomas Friedman|title=Why Nations Fail|url=https://www.nytimes.com/2012/04/01/opinion/sunday/friedman-why-nations-fail.html|work=[[The New York Times]]|date=March 31, 2012}}</ref><ref>{{cite news|last1=Collier|first1=Paul|author-link1=Paul Collier|title=Why Nations Fail by Daron Acemoğlu and James Robinson – review|url=https://www.theguardian.com/books/2012/mar/11/why-nations-fail-acemoglu-robinson-review|work=[[The Guardian]]|date=March 11, 2012}}</ref><ref>{{cite web|last1=Hunter|first1=Janet|title=Book Review: Why Nations Fail: the Origins of Power, Prosperity, and Poverty by Daron Acemoglu & James A Robinson|url=http://blogs.lse.ac.uk/lsereviewofbooks/2012/08/21/book-review-why-nations-fail-the-origins-of-power-prosperity-and-poverty/|publisher=[[London School of Economics]]|date=August 31, 2012}}</ref> Warren Bass wrote of it in ''[[The Washington Post]]'': "bracing, garrulous, wildly ambitious and ultimately hopeful. It may, in fact, be a bit of a masterpiece."<ref>{{cite news|last1=Bass|first1=Warren|title=Book review: 'Why Nations Fail,' by Daron Acemoglu and James A. Robinson|url=https://www.washingtonpost.com/entertainment/books/book-review-why-nations-fail-by-daron-acemoglu-and-james-a-robinson/2012/04/20/gIQAcHs8VT_story.html|newspaper=[[The Washington Post]]|date=April 20, 2012}}</ref>

[[Clive Crook]] wrote in ''[[Bloomberg News]]'' that the book deserves most of the "lavish praise" it received.<ref>{{cite news|last1=Crook|first1=Clive|author-link1=Clive Crook|title='Why Nations Fail' Is Not Quite as Good as They Say|url=https://www.bloomberg.com/view/articles/2012-04-03/-why-nations-fail-is-not-quite-as-good-as-they-say|work=[[Bloomberg News]]|date=April 4, 2012|url-status=live|archive-url=https://web.archive.org/web/20171027201546/https://www.bloomberg.com/view/articles/2012-04-03/-why-nations-fail-is-not-quite-as-good-as-they-say|archive-date=October 27, 2017}}</ref> In his review in ''[[Foreign Affairs]]'' [[Jeffrey Sachs]] criticized Acemoglu and Robinson for systematically ignoring factors such as domestic politics, geopolitics, technological discoveries, and natural resources. He also argued that the book's appeal was based on readers' desire to hear that "Western democracy pays off not only politically but also economically."<ref>{{cite journal|last=Sachs|first=Jeffrey|author-link=Jeffrey Sachs|title=Government, Geography, and Growth: The True Drivers of Economic Development|journal=[[Foreign Affairs]]|date=2012|volume=91|issue=5|pages=142–150|url=https://www.foreignaffairs.com/reviews/review-essay/government-geography-and-growth|jstor=41720868}}</ref> [[Bill Gates]] called the book a "major disappointment" and characterized the authors' analysis as "vague and simplistic."<ref>{{cite web|last1=Gates|first1=Bill|author-link1=Bill Gates|title=Good Ideas, but Missing Analysis|url=https://www.gatesnotes.com/books/why-nations-fail|website=gatesnotes.com|date=February 26, 2013}}</ref> Ryan Avent, an editor at ''[[The Economist]]'', responded that "Acemoglu and Robinson might not be entirely right about why nations succeed or fail. But at least they're engaged with the right problem."<ref>{{cite news|author1=R.A.|title=Institutions matter, a lot|url=https://www.economist.com/blogs/freeexchange/2013/03/growth|newspaper=[[The Economist]]|date=March 6, 2013}}</ref>

====''The Narrow Corridor''==== In ''The Narrow Corridor. States, Societies, and the Fate of Liberty'' (2019), Acemoglu and Robinson argue that a free society is attained when the power of the state and of society evolved in rough balance.<ref>Daron Acemoglu and James A. Robinson, ''The Narrow Corridor: States, Societies, and the Fate of Liberty.'' New York: Penguin, 2019.</ref> The book introduces the concept of the "red queen effect," which suggests that liberty is maintained only when both the state and society continually evolve to keep each other in check.

====''Power and Progress''==== Published in 2023, ''Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity'' is a book by Acemoglu and [[Simon Johnson (economist)|Simon Johnson]] on the historical development of technology and the social and political consequences of technology.<ref>Daron Acemoglu and Simon Johnson, ''Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.'' New York: Public Affairs, 2023.</ref> The book addresses three questions, on the relationship between new machines and production techniques and wages, on the way in which technology could be harnessed for social goods, and on the reason for the enthusiasm around artificial intelligence.

''Power and Progress'' argues that technologies do not automatically yield social goods, their benefits going to a narrow elite. It offers a rather critical view of [[artificial intelligence]] (AI), stressing its largely negative impact on jobs and wages and on democracy.

Acemoglu and Johnson also provide a vision of how new technologies could be harnessed for social good. They see the [[Progressive Era]] as offering a model. They also discuss a list of policy proposals for the redirection of technology that includes: (1) market incentives, (2) the break up of [[Big Tech|big tech]], (3) [[tax reform]], (4) investing in workers, (5) privacy protection and data ownership, and (6) a digital advertising tax.<ref>Daron Acemoglu and Simon Johnson, ''Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.'' New York: PublicAffairs, 2023, Ch. 11.</ref>

===Papers=== ====Social programs and policies==== In a 2001 article, Acemoglu argued that the [[minimum wage]] and [[unemployment benefits]] "shift the composition of employment toward high-wage jobs. Because the composition of jobs in the [[laissez-faire]] equilibrium is inefficiently biased toward low-wage jobs, these labor market regulations increase average labor productivity and may improve welfare."<ref>{{cite journal|last=Acemoglu|first=Daron|title=Good Jobs versus Bad Jobs|journal=[[Journal of Labor Economics]]|date=January 2001|volume=19|issue=1|pages=1–21|doi=10.1086/209978|jstor=10.1086/209978|citeseerx=10.1.1.687.4806|s2cid=2316641}}</ref> Furthermore, he has argued that "minimum wages can increase training of affected workers, by inducing firms to train their unskilled employees."<ref>{{cite book |last1=Acemoglu |first1=Daron |last2=Pischke |first2=Jörn-Steffen |chapter=Minimum Wages and On-the-job Training |title=[[Research in Labor Economics]] |volume=22 |pages=159–202 |issn=0147-9121 |doi=10.1016/S0147-9121(03)22005-7 |year=2003 |isbn=978-0-7623-1026-5 |hdl=1721.1/63851 |chapter-url=http://www.nber.org/papers/w7184.pdf}}</ref>

====Democracy and economy==== Acemoglu ''et al.'' found that "[[Democracy and economic growth|democracy has a significant and robust positive effect on GDP]]" and suggested that "[[democratization]]s increase GDP per capita by about 20% in the long run."<ref>{{cite journal |last1=Acemoglu |first1=Daron |last2=Naidu |first2=Suresh |last3=Restrepo |first3=Pascual |last4=Robinson |first4=James A. |author-link4=James A. Robinson (economist) |title=Democracy Does Cause Growth |date=March 2014 |doi=10.3386/w20004 |publisher=[[National Bureau of Economic Research|NBER]] |journal=Working Paper No. 20004 |doi-access=free}}</ref> In another paper, Acemoglu ''et al.'' found that "there is a significant and robust effect of democracy on tax revenues as a fraction of GDP, but no robust impact on inequality.".<ref>{{cite journal |last1=Acemoglu |first1=Daron |last2=Naidu |first2=Suresh |last3=Restrepo |first3=Pascual |last4=Robinson |first4=James A. |title=Democracy, Redistribution and Inequality |date=December 2013 |doi=10.3386/w19746 |publisher=[[National Bureau of Economic Research|NBER]] |journal=Working Paper No. 19746 |doi-access=free}}</ref> The authors argue that democratic institutions contribute to economic growth by expanding education, improving public capacity, and encouraging investment.

====Social democracy and unions==== Acemoglu and [[Philippe Aghion]] argued in 2001 that although deunionization in the US and UK since the 1980s is not the "underlying cause of the increase in inequality", it "amplifies the direct effect of skill-biased technical change by removing the wage compression imposed by unions."<ref>{{cite journal|last1=Acemoglu|first1=Daron|last2=Aghion|first2=Philippe|author-link2=Philippe Aghion|title=Deunionization, technical change and inequality|journal=[[Journal of Monetary Economics|Carnegie-Rochester Conference Series on Public Policy]]|date=2001|volume=55|pages=229–264|url=https://economics.mit.edu/files/5691|doi=10.1016/s0167-2231(01)00058-6|ssrn=267264 |s2cid=17495766|access-date=November 24, 2017|archive-date=August 10, 2018|archive-url=https://web.archive.org/web/20180810235529/https://economics.mit.edu/files/5691|url-status=dead}}</ref>

According to Acemoglu and Robinson, unions historically had a significant role in creating democracy, especially in western Europe, and in maintaining a balance of political power between established business interests and political elites.<ref>{{cite journal|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|title=Economics versus Politics: Pitfalls of Policy Advice|journal=[[Journal of Economic Perspectives]]|date=2013|volume=27|issue=2|pages=173–192|url=https://economics.mit.edu/files/10403|doi=10.1257/jep.27.2.173 |doi-access=free|hdl=1721.1/82599|hdl-access=free|access-date=December 1, 2019|archive-date=January 25, 2020|archive-url=https://web.archive.org/web/20200125093032/http://economics.mit.edu/files/10403|url-status=dead}}</ref>

====Nordic model==== In a 2012 paper titled "Can't We All Be More Like Scandinavians?", co-written with Robinson and Verdier, he suggests that "it may be precisely the more 'cutthroat' American society that makes possible the more 'cuddly' Scandinavian societies based on a comprehensive social safety net, the welfare state and more limited inequality." They concluded that "all countries may want to be like the 'Scandinavians' with a more extensive safety net and a more egalitarian structure," however, if the United States shifted from being a "cutthroat [capitalism] leader", the economic growth of the entire world would be reduced.<ref name="Like Scandinavians">{{cite journal |last1=Acemoglu |first1=Daron |last2=Robinson |first2=James A. |last3=Verdier |first3=Thierry |title=Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World |date=October 2012 |doi=10.3386/w18441 |publisher=[[National Bureau of Economic Research]] |journal=Working Paper 18441 |doi-access=free}}</ref> He argued against the US adopting the Nordic model in a 2015 op-ed for ''[[The New York Times]]''. He again argued: "If the US increased taxation to Denmark levels, it would reduce rewards for entrepreneurship, with negative consequences for growth and prosperity." He praised the Scandinavian experience in [[poverty reduction]], creation of a [[level playing field]] for its citizens, and higher [[social mobility]].<ref>{{cite news|last1=Acemoglu|first1=Daron|title=A Scandinavian U.S. Would Be a Problem for the Global Economy|url=https://www.nytimes.com/roomfordebate/2015/10/20/can-the-us-become-denmark/a-scandinavian-us-would-be-a-problem-for-the-global-economy|work=[[The New York Times]]|date=October 20, 2015}}</ref> This was critiqued by [[Lane Kenworthy]], who argues that, empirically, the US's economic growth preceded the divergence in 'cutthroat' and 'cuddly' policies, and there is no relationship between inequality and innovation for developed countries.<ref name="Lane Kenworthy 2012">{{cite web | title=Will everyone be worse off if the United States turns social democratic? | website=Lane Kenworthy | date=September 29, 2012 | url=https://lanekenworthy.net/2012/09/29/will-everyone-be-worse-off-if-the-united-states-turns-social-democratic/ | access-date=October 17, 2020}}</ref>

====Colonialism==== "[[Colonial origins of comparative development|The Colonial Origins of Comparative Development]]", co-written by Acemoglu, Robinson, and [[Simon Johnson (economist)|Simon Johnson]] in 2001, is by far his most cited work.<ref name="scholar.google"/> Graham Mallard described it as an "excellent example of his work: an influential paper that has led to much debate."<ref name="Mallard"/> They argue that Europeans set up extractive institutions in colonies where they did not settle, unlike in places where they did settle and that these institutions have persisted. They estimated that "differences in institutions explain approximately three-quarters of the [[income per capita]] differences across former colonies."<ref>{{cite journal |last1=Acemoglu |first1=Daron |last2=Johnson |first2=Simon |last3=Robinson |first3=James A. |title=The Colonial Origins of Comparative Development: An Empirical Investigation |series=Working Paper Series |url=https://www.nber.org/papers/w7771 |publisher=National Bureau of Economic Research |access-date=March 12, 2022 |language=en |date=June 2000 |doi=10.3386/w7771 |quote=This quote is from a subsequent abstract, appearing before page 1, to their article but NOT in the abstract to their original article. |doi-access=free |journal=Working Paper 7771 }}</ref><ref>{{cite journal |last1=Acemoglu |first1=Daron |last2=Johnson |first2=Simon |last3=Robinson |first3=James A. |author-link2=Simon Johnson (economist) |author-link3=James A. Robinson (economist) |title=The Colonial Origins of Comparative Development: An Empirical Investigation |journal=[[The American Economic Review]] |date=2001 |volume=91 |issue=5 |pages=1369–1401 |doi= 10.1257/aer.91.5.1369|jstor=2677930 |citeseerx=10.1.1.475.6366}}</ref> Historical experience dominated by extractive institutions in these countries has created a [[vicious circle]], which was exacerbated by European colonization.<ref name="freakonomics12"/>

====A critique of modernization theory==== Daron Acemoglu and [[James A. Robinson]], in their article "Income and Democracy" (2008) show that even though there is a strong cross-country correlation between income and democracy, once one controls for country fixed effects and removes the association between income per capita and various measures of democracy, there is "no causal effect of income on democracy."<ref>Acemoglu, Daron, Simon Johnson, James A. Robinson, and Pierre Yared, "Income and Democracy." ''American Economic Review'' 98(3) 2008: 808–42.</ref> In "Non-Modernization" (2022), they further argue that [[modernization theory]] cannot account for various paths of political development "because it posits a link between economics and politics that is not conditional on institutions and culture and that presumes a definite endpoint—for example, an 'end of history'."<ref>{{cite journal | url=https://www.annualreviews.org/doi/epdf/10.1146/annurev-polisci-051120-103913 | doi=10.1146/annurev-polisci-051120-103913 | title=Non-Modernization: Power–Culture Trajectories and the Dynamics of Political Institutions | date=2022 | last1=Acemoglu | first1=Daron | last2=Robinson | first2=James | journal=Annual Review of Political Science | volume=25 | pages=323–339 }}{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

====Automation and labor markets==== Beginning in the late 2010s, Acemoglu expanded his research to focus on the economic effects of automation and artificial intelligence on labor markets. In collaboration with Pascual Restrepo, he examined how industrial robots affected employment and wages in the United States. Their study "Robots and Jobs: Evidence from U.S. Labor Markets" (2020) found that regions with greater exposure to industrial robots experienced larger declines in employment and modest reductions in wages, suggesting that the economic benefits of automation were not evenly distributed.<ref>Acemoglu, Daron; Restrepo, Pascual (2020). "Robots and Jobs: Evidence from U.S. Labor Markets". ''Journal of Political Economy''. 128 (6): 2188–2244.</ref> Acemoglu and Restrepo extended this analysis in "Tasks, Automation, and the Rise in U.S. Wage Inequality" (2022), arguing that automation has contributed to rising wage inequality in the United States by replacing many middle-skill tasks while increasing demand for higher-skill labor.<ref>Acemoglu, Daron; Restrepo, Pascual (2022). "Tasks, Automation, and the Rise in U.S. Wage Inequality". ''Econometrica''. 90 (5): 1973–2016.</ref> This body of research has influenced broader discussions on the future of work, emphasizing that technological change does not automatically benefit workers and can lead to unequal outcomes if incentives favor labor-replacing technologies. Acemoglu has argued that policy and institutional frameworks play an important role in determining whether new technologies complement human labor or substitute for it.

==Views== Journalists and economists have described Acemoglu as a [[centrist]].{{efn|"...{{nbsp}}the middle-of-the-roaders Daron Acemoglu and James Robinson{{nbsp}}..."<ref>{{cite journal|last=McCloskey|first=Deirdre|author-link=Deirdre McCloskey|title=It was ideas and ideologies, not interests or institutions, which changed in Northwestern Europe, 1600–1848|journal=Journal of Evolutionary Economics|date=January 2015|volume=25|issue=1|page=57|doi=10.1007/s00191-015-0392-x|s2cid=154238344|doi-access=free}}</ref> "Daron Acemoglu, a more centrist economist at MIT{{nbsp}}..."<ref>{{cite news|last=Edsall|first=Thomas B.|author-link=Thomas B. Edsall|title=Capitalism vs. Democracy|url=https://www.nytimes.com/2014/01/29/opinion/capitalism-vs-democracy.html|work=[[The New York Times]]|date=January 28, 2014}}</ref> "...{{nbsp}}Acemoglu, who aligns more with the center than with the populists."<ref name="Keller"/>}} ''Why Nations Fail'' was well received by both liberal and conservative economists.<ref>{{cite news|last1=Abrams|first1=Paul|title=Romney-Ryan's Why Nations Fail Economy vs. Obama's Built to Last Economy|url=https://www.huffingtonpost.com/paul-abrams/romneyryans-why-nations-f_b_1405710.html|work=[[HuffPost]]|date=June 5, 2012}}</ref> Acemoglu's and Robinson's long-time collaborator Simon Johnson suggests that their "point is not just about how things may become awful when the government goes off track (a right-leaning point). They are also more deeply concerned about how powerful people fight to grab control of the state and otherwise compete to exert influence over the rest of society (a left-leaning perspective)."<ref name="JohnsonNYTimes12"/>

Acemoglu has praised the successes of the [[Progressive Era]], and argued in favor of its replication.<ref>{{cite news|last1=Acemoglu|first1=Daron|last2=Johnson|first2=Simon|author-link2=Simon Johnson (economist)|title=It's Time to Found a New Republic|url=https://foreignpolicy.com/2017/08/15/its-time-to-found-a-new-republic/|work=[[Foreign Policy]]|date=August 15, 2017}}</ref> He argues that the [[market economy]] is the only system that creates prosperity, and believes in finding an appropriate balance between "incentivizing creativity, hard work and risk-taking and creating the essential [[public service]]s, [[social safety net]]s and [[Equal opportunity|equality of opportunity]]."<ref name="cnn soc"/> For Acemoglu, markets work only with regulations and [[Legal certainty|predictable laws]] and that all [[Regulated market|markets are regulated]] to some extent; it is only a matter of degree.<ref name="imf"/> He suggests that free markets are not unregulated markets.<ref name="hoover2009"/>

===Wall Street=== In September 2008, Acemoglu signed a petition condemning the [[Emergency Economic Stabilization Act of 2008|Bush administration's bailout]] plan for the US financial system.<ref>{{cite news|last1=Shea|first1=Christopher|title=Anti-bailout economists|url=https://archive.boston.com/bostonglobe/ideas/brainiac/2008/09/antibailout_eco.html|work=[[The Boston Globe]]|date=September 24, 2008}}</ref> As the main cause of the [[2008 financial crisis]], he stated that policy makers were "lured by ideological notions derived from [[Ayn Rand]]'s novels rather than economic theory" and opined: "In hindsight, we should not be surprised that unregulated profit-seeking individuals have taken risks from which they benefit and others lose."<ref name="hoover2009"/> In an early analysis of the [[Great Recession]], Acemoglu wrote: "When channeled into [[Profit maximization|profit-maximizing]], competitive, and innovative behavior under the auspices of sound laws and regulations, greed can act as the engine of innovation and economic growth. But when unchecked by the appropriate institutions and regulations, it will degenerate into [[rent-seeking]], corruption, and crime."<ref name="imf"/> He argues that the heavy overrepresentation from the financial sector in the top 1% "has been an outcome of the political processes that have removed all of the regulations in finance, and so created the platform for 40 percent of U.S. corporate profits to be in the financial sector."<ref name="Clement"/> He argues that a platform, particularly in Wall Street, has been created "where the ambition and greed of people, often men, has been channeled in a very anti-social, selfish and socially destructive direction."<ref name="fivebooks"/>

===Inequality=== Acemoglu has voiced concerns regarding the increasing inequality in the US, which in his view turns into political inequality, in turn undermining the inclusiveness of US institutions.<ref name="Friedman"/> In 2012 he identified societal polarization, caused by economic inequality, as the biggest problem for the US.<ref name="Korones"/> He argues that "democracy ceases to function because some people have so much money they command greater power."<ref name="Keller"/> He states that he is comfortable with economic inequality which comes through different social contributions as it is a "price that we pay for providing incentives for people to contribute to prosperity." However, high levels of inequality create problems as the rich who control significant portions of the societal resources use them to create an "unequal distribution of political power."<ref name="fivebooks"/> He sees the solution in increasing [[social mobility]] by "providing an opportunity for the bottom to become rich, not forcing the rich to become poor."<ref name="Keller"/>

Acemoglu has praised the American tradition of vibrant protest movements dating back to the [[People's Party (United States)|Populists]] and the [[Progressivism in the United States|Progressives]].<ref name="fpTrump"/> He has also praised [[Occupy Wall Street]] for "putting the question of inequality on the agenda, but also for actually standing up for political equality."<ref name="hp2012"/> He notes that Occupy Wall Street brought the 1% to the attention of the wider public, and to the attention of academia by [[Tony Atkinson]], [[Thomas Piketty]], and [[Emmanuel Saez]].<ref name="fivebooks"/>

===Specific policies=== Acemoglu is in favor of raising and indexing the [[minimum wage]].<ref>{{cite web|title=Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage|url=http://www.epi.org/minimum-wage-statement/|publisher=[[Economic Policy Institute]]|date=January 14, 2014|archive-url=https://web.archive.org/web/20171009121909/http://www.epi.org/minimum-wage-statement/|archive-date=October 9, 2017}}</ref>

Acemoglu believes that [[universal basic income]] is "expensive and not generous enough" and that a "more efficient and generous social safety net is needed."<ref>{{cite news|last1=Schiller|first1=Ben|title=Economists Are Not Very Enthusiastic About The Idea Of A Universal Basic Income|url=https://www.fastcompany.com/3068196/economists-are-not-very-enthusiastic-about-the-idea-of-a-universal-basic-income|work=[[Fast Company (magazine)|Fast Company]]|date=February 17, 2017|url-status=dead|archive-url=https://web.archive.org/web/20171107110102/https://www.fastcompany.com/3068196/economists-are-not-very-enthusiastic-about-the-idea-of-a-universal-basic-income|archive-date=November 7, 2017}}</ref> He further called it a "flawed idea" and a "poorly designed policy." He instead advocates for a "guaranteed-income program [that] would offer transfers only to individuals whose monthly income is below $1,000, thereby coming in at a mere fraction of a UBI's cost." He calls for "[[universal health care]], more generous unemployment benefits, better-designed retraining programs, and an expanded [[earned income tax credit]] (EITC)."<ref>{{cite news |last1=Acemoglu |first1=Daron |title=Why Universal Basic Income Is a Bad Idea |url=https://www.project-syndicate.org/commentary/why-universal-basic-income-is-a-bad-idea-by-daron-acemoglu-2019-06?a_la=english&a_d=5cfa84a96eb27d2210cec72d&a_m=&a_a=click&a_s=&a_p=%2Fcolumnist%2Fdaron-acemoglu&a_li=why-universal-basic-income-is-a-bad-idea-by-daron-acemoglu-2019-06&a_pa=columnist-commentaries&a_ps=&barrier=accesspaylog |agency=[[Project Syndicate]] |date=June 7, 2019}}</ref> Acemoglu supports a [[negative income tax]], calling it a "more sensible" alternative to UBI.<ref>{{cite web | url=https://www.project-syndicate.org/commentary/why-universal-basic-income-is-a-bad-idea-by-daron-acemoglu-2019-06?barrier=accesspaylog | title=Why Universal Basic Income is a Bad Idea | by Daron Acemoglu | date=June 7, 2019 }}</ref>

Acemoglu believes that [[nation-building]] by the West is no longer possible around the world because the West now lacks the resources and commitment that were present in [[Reconstruction of Germany|post-World War II Germany]] and [[Occupation of Japan|Japan]], and because countries where progress is needed today, such as in the Muslim- and Arab-majority world, do not trust the West.<ref>{{cite news|last1=Giridharadas|first1=Anand|author-link1=Anand Giridharadas|title=For Libya, a Light Hand May Be Best|url=https://www.nytimes.com/2011/08/27/world/middleeast/27iht-currents27.html|work=[[The New York Times]]|date=August 26, 2011}}</ref>

He views the US [[war on drugs]] as a "total and very costly failure",<ref>{{cite web|title=Drug Use Policies|url=http://www.igmchicago.org/surveys/drug-use-policies|publisher=[[Initiative on Global Markets]]|date=December 12, 2011}}</ref> and supported the 2013 ballot referendum [[Colorado Amendment 64]], a successful popular initiative that legalized the sale of recreational marijuana.<ref>{{cite web |url=http://www.regulatemarijuana.org/Academics |title=A Letter of Support From the Academic Community: Yes on Amendment 64 |publisher=Colorado Campaign to Regulate Marijuana Like Alcohol |date=2012 |access-date=February 28, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130304010347/http://www.regulatemarijuana.org/academics |archive-date=March 4, 2013 }}</ref>

In a 2016 interview with [[National Public Radio]], he opined that the US [[infrastructure]] is in a "pitiful state, with negative consequences for US economic growth."<ref>{{cite news|last1=Jiang|first1=Jess|title=Economists On Candidates' Proposals: Mostly Bad|url=https://www.npr.org/sections/money/2016/02/26/468298576/economists-on-candidates-proposals-mostly-bad|agency=[[NPR]]|date=February 26, 2016}}</ref>

===Socialism, communism, and Marxism=== Acemoglu argues that [[List of non-communist socialist states|socialist states]] have not been successful in creating prosperity.<ref name="cnn soc">{{cite news|title=Is democratic socialism the right path for America?|url=https://edition.cnn.com/2015/10/27/opinions/opinion-roundup-socialism/index.html|agency=[[CNN]]|date=October 28, 2015}} ([https://archive.org/details/IsBernieSandersDemocraticSocialismRightForAmericaOpinionCNN archived])</ref> He wrote that socialist regimes "from Cuba to the eastern bloc have been disastrous both for economic prosperity and individual freedom."<ref name="socdem"/>

In a review written with [[James A. Robinson (economist)|James A. Robinson]], he argues that [[Thomas Piketty]] and [[Karl Marx]] are "led astray" due to their disregard for "the key forces shaping how an economy functions: the endogenous evolution of technology and of the institutions and the political equilibrium that influence not only technology but also how markets function and how the gains from different economic arrangements are distributed."<ref>{{cite journal|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|title=The Rise and Decline of General Laws of Capitalism|journal=[[Journal of Economic Perspectives]]|date=2015|volume=29|issue=1|pages=3–28|url=http://economics.mit.edu/files/11348|url-status=bot: unknown|archive-url=https://web.archive.org/web/20170213070624/http://economics.mit.edu/files/11348|archive-date=February 13, 2017|doi=10.1257/jep.29.1.3 |doi-access=free|citeseerx=10.1.1.687.2487|hdl=1721.1/113636|s2cid=14001669}}</ref>

===Social democracy and unions=== In 2019, Acemoglu argued in favor of [[social democracy]]. He stated: "[Social democracy, when practiced by competent governments] is a phenomenal success. Everywhere in the west is to some degree social democratic, but the extent of this varies. We owe our prosperity and freedom to social democracy." However, he qualified this statement by arguing that social democracy "did not achieve these things by taxing and redistributing a lot. It achieved them by having labor institutions protecting workers, encouraging job creation and encouraging high wages."<ref name="socdem"/> Following from this, Acemoglu opined that the economists of US presidential candidate [[Bernie Sanders]], who is an advocate of democratic socialism along the lines of the [[Nordic model]], "don't understand basic economics. They are not just dangerous, they are clueless."<ref name="socdem"/>

Acemoglu argued that a "tradition of strong labor movement or social democratic party, by constraining the actions of the social planner, can act as a commitment device to egalitarianism, inducing an equilibrium in which the country in question becomes the beneficiary from the asymmetric world equilibrium."<ref name="Like Scandinavians"/>

===Donald Trump=== In an op-ed in ''[[Foreign Policy]]'', Acemoglu claimed that President [[Donald Trump]] shared political goals and strategies of [[Hugo Chávez]], [[Vladimir Putin]], and [[Recep Tayyip Erdoğan]], such as "little respect for the rule of law or the independence of state institutions, ... a blurred vision of national and personal interests, ... little patience with criticism and a long-established strategy of rewarding loyalty, which can be seen in his high-level appointments to date. This is all topped by an unwavering belief in his abilities."<ref name="fpTrump"/> In a 2019 interview with ''[[Der Spiegel]]'', Acemoglu stated that he sees similarities between Trump and the [[Republican Party (United States)|Republican Party]] and the Nazis: "Surely, Trump and the Republicans are no Nazis. But they are exploiting the same political sentiment." He argues that Trump "poses a great risk to U.S. democracy" because he is "looking for a new order with elements of anti-liberalism, misinformation and a lax attitude to corruption. If he is re-elected next year, it will be the beginning of the end of American democracy."<ref>{{cite news |last1=Sauga |first1=Michael |title=Political Economist Daran Acemoglu: 'Trump Poses a Great Risk to U.S. Democracy' |url=https://www.spiegel.de/international/business/economist-acemoglu-trump-poses-risk-to-u-s-democracy-a-1300376.html |work=[[Der Spiegel]] |date=October 12, 2019}}</ref>

===Authoritarian countries=== According to Acemoglu, the three obstacles for economic growth under authoritarian regimes are the tendency of authoritarian regimes to become more authoritarian, their tendency to use power to halt "[[Schumpeter]]ian [[creative destruction]], which is key to sustaining growth" and the instability and uncertainty caused by internal conflicts.<ref name="imf"/> He believes that Saudi Arabia would be like a poor African country without the oil, while the "only thing that is keeping [Russia] going is a big boom in natural resources and a clever handling of the media."<ref>{{cite news|last1=Freeland|first1=Chrystia|author-link1=Chrystia Freeland|title=Dignity and the Wealth of Nations|url=https://www.nytimes.com/2012/03/02/world/europe/02iht-letter02.html|work=[[The New York Times]]|date=March 1, 2012}}</ref>

He believes that China has managed to achieve significant economic growth because it "sort of picked up the low hanging fruit from the world technology frontier, but that sort of growth is not going to last until China goes to the next step, which is harnessing innovation," which he argues will be impossible "unless economic institutions become even more open and the extractive political institutions in China will be a barrier to that."<ref name="Korones"/> He and Robinson wrote for the ''[[HuffPost]]'' that the "limited rights [China] affords its citizens places major restrictions on the country's longer-term possibilities for prosperity."<ref>{{cite web|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|title=Will China Rule the World?|url=https://www.huffingtonpost.com/daron-acemoglu/china-superpower_b_1369424.html|website=[[HuffPost]]|archive-url=https://web.archive.org/web/20171106193656/https://www.huffingtonpost.com/daron-acemoglu/china-superpower_b_1369424.html|archive-date=November 6, 2017|date=March 21, 2012}}</ref>

===Turkey=== Acemoglu opined that the Republic of Turkey, formed in 1923 by [[Atatürk]], "is very continuous with the Ottoman Empire." Although the shift from empire to republic brought some positive changes, he argues, the model was largely maintained by the reformers who took power, citing a persistent concentration of power and economic activity.<ref>{{cite news|last1=Laidler|first1=John|title=Understanding Turkey|url=https://news.harvard.edu/gazette/story/2015/04/understanding-turkey/|work=[[Harvard Gazette]]|publisher=[[Harvard University]]|date=April 28, 2015|archive-url=https://web.archive.org/web/20170915211719/https://news.harvard.edu/gazette/story/2015/04/understanding-turkey/|archive-date=September 15, 2017}}</ref> He suggests that the Republican period has been characterized by an unwillingness to accept ethnic minorities.<ref>{{cite web|title=Inside Turkey's Economy – Interview with Daron Acemoglu|url=https://www.youtube.com/watch?v=DnG7BVD-7n0| archive-url=https://ghostarchive.org/varchive/DnG7BVD-7n0?url=https://www.youtube.com/watch?v=DnG7BVD-7n0| archive-date=September 24, 2021|website=GEDProject|publisher=[[Bertelsmann Stiftung]]|date=August 22, 2016|quote=11:40 "The overall, sort of, unwillingness to come to grips with this, sort of, multiethnicity has, of course, characterized much of the Republican period."}}{{cbignore}}</ref> In 2014, Acemoglu condemned the widespread [[Anti-Armenian sentiment|anti-Armenian]] rhetoric in Turkish textbooks, and demanded that the books be pulled from circulation.<ref name="armenianweekly"/>

Acemoglu has criticized [[Recep Tayyip Erdoğan]] and his government for its authoritarian rule.<ref>{{cite news|last1=Freeland|first1=Chrystia|author-link1=Chrystia Freeland|title=The perils of authoritarian overreaction|url=https://beta.theglobeandmail.com/report-on-business/international-business/the-perils-of-authoritarian-overreaction/article12391016/|work=[[The Globe and Mail]]|date=June 6, 2013}}</ref> In a 2013 op-ed in ''The New York Times'', following the crackdown of [[Gezi Park protests]], Acemoglu wrote that "Even before the brutal suppression of the demonstrations, the belief that Turkey was on its way to becoming a mature democracy — a role model for the rest of the Middle East — had already become untenable."<ref>{{cite news|last1=Acemoglu|first1=Daron|title=Development Won't Ensure Democracy in Turkey|url=https://www.nytimes.com/2013/06/06/opinion/development-wont-ensure-democracy-in-turkey.html|work=[[The New York Times]]|date=June 5, 2013}}</ref> In a May 2014 op-ed in ''[[Foreign Affairs]]'', Acemoglu wrote that the drift from democracy by Erdogan is lamentable, but an "almost predictable, stage of Turkey's democratic transition."<ref>{{cite news|last1=Acemoglu|first1=Daron|title=The Failed Autocrat: Despite Erdogan's Ruthlessness, Turkey's Democracy Is Still on Track|url=https://www.foreignaffairs.com/articles/middle-east/2014-05-22/failed-autocrat|work=[[Foreign Affairs]]|date=May 22, 2014}} ([https://archive.org/details/TheFailedAutocratForeignAffairs archived])</ref> In the late 2010s, Acemoglu often criticized Turkey's economic policies and consequently became popular with the opposition.<ref>{{cite news |last1=Erciyes |first1=Cem |title=How will Turkey enter the 'Narrow Corridor'? |url=https://www.duvarenglish.com/columns/2019/12/30/how-will-turkey-enter-the-narrow-corridor/ |work=Gazete Duvar |date=December 30, 2019}}</ref>

===Armenia=== In a 2015 interview with the Armenian service of [[Voice of America]], Acemoglu stated that he has always been interested in economic, political, and social developments in Armenia.<ref name="azatutyun"/> Talking via video, Acemoglu partook in the [[Armenian Economic Association]]'s annual conference in October 2013 held at the [[Yerevan State University]], during which he argued that Armenia's problem is political, and not geographic, cultural, or geopolitical. He called for the Armenian government to be "more responsive to the wishes of its citizens so that through that political process Armenia ceases to be an oligarchy."<ref>{{cite news|title=Acemoglu's Advice to Armenia – Abolish the Oligarchy|url=https://www.civilnet.am/news/2013/10/24/acemoglus-advice-to-armenia-abolish-the-oligarchy/189711|work=civilnet.am|date=October 24, 2013|url-status=bot: unknown|archive-url=https://web.archive.org/web/20170917032502/https://www.civilnet.am/news/2013/10/24/acemoglus-advice-to-armenia-abolish-the-oligarchy/189711|archive-date=September 17, 2017}}</ref>

In a September 2016 conference in Toronto, Acemoglu criticized the [[Armenian diaspora]] for legitimizing the successive governments in Armenia, especially when the rights of its citizens are violated, and a wrong economic and political line is being followed in the country.<ref>{{cite news|last1=Balyan|first1=Varduhi|title=Acemoğlu'ndan Ermenistan ve Diaspora yorumu|url=http://www.agos.com.tr/tr/yazi/16565/acemoglu-ndan-ermenistan-ve-diaspora-yorumu|work=[[Agos]]|date=September 22, 2016|language=tr|url-status=dead|archive-url=https://web.archive.org/web/20170916213726/http://www.agos.com.tr/tr/yazi/16565/acemoglu-ndan-ermenistan-ve-diaspora-yorumu|archive-date=September 16, 2017}} (, )</ref> In an April 2017 conference held by the [[USC Institute of Armenian Studies]], Acemoglu stated that while "Armenia could have looked much more like the Czech Republic or Estonia and what we got instead is a country that looks much more like Azerbaijan or Uzbekistan, which is a real shame." He suggested that in the immediate post-Soviet years Armenia was "stronger and it's been getting worse and worse." He criticized the level of corruption of the government, which has systematically closed the political system.<ref>{{cite news|title=Daron Acemoglu: Armenia's Problems Within Its Own Political System|url=https://www.civilnet.am/news/2017/04/10/Daron-Acemoglu-Armenia%E2%80%99s-Problems-Within-Its-Own-Political-System/312347|work=civilnet.am|date=April 10, 2017|url-status=bot: unknown|archive-url=https://web.archive.org/web/20170917033459/https://www.civilnet.am/news/2017/04/10/Daron-Acemoglu-Armenia%E2%80%99s-Problems-Within-Its-Own-Political-System/312347|archive-date=September 17, 2017}}</ref>

===Other countries=== In an op-ed for ''[[The Globe and Mail]]'' following the [[2014 Ukrainian revolution]], Acemoglu advocated Ukraine "to break with its past as quickly as possible. It needs to move away from Russia, politically and economically, even if that means an end to the natural-gas subsidies Russia has used to keep it in the position of a client state. Even more important is for Ukraine's leaders to spread political power and economic benefits to the maximum number of its people, including Russian speakers."<ref>{{cite news|last1=Acemoglu|first1=Daron|title=Ukraine's legacy of serial oligopoly|url=https://www.theglobeandmail.com/opinion/ukrainians-need-inclusion-not-extraction/article17481308/?arc404=true|work=[[The Globe and Mail]]|date=March 14, 2014}}</ref>

Acemoglu argued that the [[Greek government-debt crisis]] was caused by the "terrible state of Greek institutions, and the [[Clientelism|clientelistic]] nature of its politics",<ref name="Gokhan">{{cite news|last1=Kurtaran|first1=Gokhan|title=EU needs political and economic integration: Acemoglu|url=http://aa.com.tr/en/archive/eu-needs-political-and-economic-integration-acemoglu/19786|agency=[[Anadolu Agency]]|date=August 4, 2015}}</ref> and stated that the country's problems are "political not just macroeconomic."<ref>{{cite web|title=Greece|url=http://www.igmchicago.org/surveys/greece|publisher=[[Initiative on Global Markets]]|date=February 24, 2015}}</ref> He identified lack of political integration within the EU as Greece's problem, and said that "the only way forward for Europe is to have greater fiscal and banking integration or to abandon monetary integration."<ref name="Gokhan"/>

==Political involvement== ===Turkey=== [[File:Acemoglu May 2018.jpg|thumb|Acemoglu in 2018<ref name="VoA2018"/>]] In March 2011, Turkish Foreign Minister [[Ahmet Davutoğlu]] offered to appoint Acemoglu as Turkey's permanent representative to the [[OECD]] in Paris, a post he turned down in order to continue his academic career.<ref>{{cite news|last1=Gürcanlı|first1=Zeynep|title=İlk Ermeni kökenli Türk büyükelçi Paris'e|url=http://www.hurriyet.com.tr/ilk-ermeni-kokenli-turk-buyukelci-parise-17404398|work=[[Hürriyet]]|date=March 30, 2011|archive-url=https://web.archive.org/web/20170916091903/http://www.hurriyet.com.tr/ilk-ermeni-kokenli-turk-buyukelci-parise-17404398|archive-date=September 16, 2017|language=tr}}</ref><ref>{{cite news|last1=Düven|first1=Alparslan|title=Paris'e Ermeni asıllı Büyükelçi atanacak iddiası|url=http://arsiv.dha.com.tr/parise-ermeni-asilli-buyukelci-atanacak-iddiasi_151795.html|agency=[[Doğan News Agency]]|date=March 30, 2011|archive-url=https://web.archive.org/web/20170916092138/http://arsiv.dha.com.tr/parise-ermeni-asilli-buyukelci-atanacak-iddiasi_151795.html|archive-date=September 16, 2017|language=tr}}</ref><ref>{{cite news|last1=Moraitis|first1=Stratos|title=Ethnic Armenian in Turkey rejects diplomatic post|url=http://eu.greekreporter.com/2011/03/30/ethnic-armenian-in-turkey-rejects-diplomatic-post/|agency=[[Greek Reporter]]|date=March 30, 2011|archive-url=https://web.archive.org/web/20170916120605/http://eu.greekreporter.com/2011/03/30/ethnic-armenian-in-turkey-rejects-diplomatic-post/|archive-date=September 16, 2017}}</ref><ref>{{cite news|title=Armenian Declines Davutoglu Appointment|url=http://asbarez.com/94513/armenian-declines-davutoglu-appointment/|work=[[Asbarez]]|date=March 30, 2011}}</ref>

Acemoglu met with [[Kemal Kılıçdaroğlu]], leader of the opposition [[Republican People's Party]] (CHP) in October 2022.<ref>{{cite web |last1=Kılıçdaroğlu |first1=Kemal |author1-link=Kemal Kılıçdaroğlu |title=ABD'deki vizyon programımız kapsamında, dünyaca ünlü ekonomist Daron Acemoğlu ile bir araya geldik |url=https://twitter.com/kilicdarogluk/status/1579775202170646529 |website=Twitter |archive-url=https://archive.today/20221206183336/https://twitter.com/kilicdarogluk/status/1579775202170646529 |archive-date=December 6, 2022 |language=tr |date=October 11, 2022}}</ref><ref>{{cite news |title=Kemal Kılıçdaroğlu, Daron Acemoğlu ile görüştü |url=https://www.gazeteduvar.com.tr/kemal-kilicdaroglu-daron-acemoglu-ile-gorustu-haber-1584471 |work=[[Gazete Duvar]] |date=October 11, 2022 |archive-url=https://web.archive.org/web/20221023123148/https://www.gazeteduvar.com.tr/kemal-kilicdaroglu-daron-acemoglu-ile-gorustu-haber-1584471 |archive-date=October 23, 2022 |format=tr}}</ref> In December 2022 Kılıçdaroğlu appointed Acemoglu, among others, as his economic adviser.<ref>{{cite news |title=Turkish main opposition leader unveils new vision to overcome economic crisis: Structural changes needed |url=https://www.duvarenglish.com/turkish-main-opposition-leader-unveils-new-vision-to-overcome-economic-crisis-structural-changes-needed-news-61595 |work=duvarenglish.com |agency=[[Gazete Duvar|Duvar]] |date=December 3, 2022 |archive-url=https://web.archive.org/web/20221204172457/https://www.duvarenglish.com/amp/turkish-main-opposition-leader-unveils-new-vision-to-overcome-economic-crisis-structural-changes-needed-news-61595 |archive-date=December 4, 2022}}</ref> Pro-[[Erdogan]] circles criticized the move. One pro-government columnist said: "The Armenian Daron Acemoğlu, praised by [[FETÖ]], prepared Kılıçdaroğlu's vision program (resembling his own roots)." In response, finance professor [[:tr:Özgür Demirtaş|Özgür Demirtaş]] defended Acemoglu. "This tweet is both racist and presumptuous. The influence of Daron Acemoğlu on world's economy-finance professors is greater than the number of cells in your body. It's terrible that you talk like this about a professor who made us proud and is going for the Nobel prize."<ref>{{cite news |title=Turkish pro-gov't columnist targets economist Acemoğlu, says 'I am his master' |url=https://www.duvarenglish.com/turkish-pro-govt-columnist-targets-economist-acemoglu-says-i-am-his-master-news-61599 |work=[[Gazete Duvar|Duvar]] |date=December 5, 2022 |archive-url=https://web.archive.org/web/20221206082331/https://www.duvarenglish.com/turkish-pro-govt-columnist-targets-economist-acemoglu-says-i-am-his-master-news-61599 |archive-date=December 6, 2022}}</ref> [[Yeni Şafak]], a pro-government newspaper, ran the headline: "Daron Acemoğlu, one of the new economic advisors of the CHP, could not solve the economic crisis of Armenia."<ref>{{cite news |title=CHP'nin yeni ekonomi danışmanlarından Daron Acemoğlu Ermenistan'ın ekonomik krizini çözememişti |url=https://www.yenisafak.com/gundem/chpnin-yeni-ekonomi-danismanlarindan-daron-acemoglu-ermenistanin-ekonomik-krizini-cozememisti-3893699 |work=[[Yeni Şafak]] |date=December 4, 2022 |archive-url=https://web.archive.org/web/20221206014457/https://www.yenisafak.com/gundem/chpnin-yeni-ekonomi-danismanlarindan-daron-acemoglu-ermenistanin-ekonomik-krizini-cozememisti-3893699 |archive-date=December 6, 2022 |language=tr}}</ref>

===Armenia=== Following the [[2018 Armenian revolution]], opposition leader-turned-Prime Minister [[Nikol Pashinyan]] wrote on his Facebook page that Acemoglu told him that he is ready to help Armenia to "restore and develop" its economy.<ref>{{cite web|title=Հենց նոր հեռախոսազրույց ունեցա հայազգի աշխարհահռչակ տնտեսագետ Դարոն Աճեմօղլուի հետ|url=https://web.facebook.com/nikol.pashinyan/posts/2041502106170174 |archive-url=https://ghostarchive.org/iarchive/facebook/1378368079150250/2041502106170174 |archive-date=February 26, 2022 |url-access=limited|publisher=Nikol Pashinyan on Facebook|language=hy|date=May 13, 2018}}{{cbignore}}</ref><ref>{{cite news|title=Economist Daron Acemoglu to Advise Armenian Government, Says PM Pashinyan|url=http://hetq.am/eng/news/88808/|work=[[Hetq]]|date=May 13, 2018}}</ref> Pashinyan and Acemoglu talked via the internet in June 2018.<ref>{{cite news |title=Nikol Pashinyan holds videoconference with Daron Acemoglu |url=https://www.primeminister.am/en/press-release/item/2018/06/11/Nikol-Pashinyan-Daron-Acemoglu/ |work=primeminister.am |agency=Prime Minister of Armenia |date=June 11, 2018}}</ref> Acemoglu met with Deputy Prime Minister [[Tigran Avinyan]] in Boston in July 2019.<ref>{{cite web |title=We had an interesting discussion with Professor Daron #Acemoglu and entrepreneur Noubar #Afeyan in Boston. The socio-economic situation in Armenia, investments, new jobs, public administration #reform, women empowerment were among the topics discussed. |url=https://twitter.com/AvinyanTigran/status/1153306708091031553 |publisher=AvinyanTigran on Twitter |date=July 22, 2019 |archive-url=https://web.archive.org/web/20220413022830/https://twitter.com/avinyantigran/status/1153306708091031553 |archive-date=April 13, 2022}}</ref><ref>{{cite news |last1=Arkun |first1=Aram |title=Deputy Prime Minister Avinyan Speaks at Armenian Business Network Cambridge Event |url=https://mirrorspectator.com/2019/08/01/deputy-prime-minister-avinyan-speaks-at-armenian-business-network-cambridge-event/ |work=[[Armenian Mirror-Spectator]] |date=August 1, 2019}}</ref> In 2020, Acemoglu publicly emphasized the importance of institutional reforms for Armenia’s long-term economic development during interviews related to the country’s post-revolution economic strategy.<ref>{{cite web|title=Prominent economist Daron Acemoglu willing to support Armenia in development, democratization and reformation|website= ARKA News|date=June 11, 2018|url= https://www.arka.am/en/news/economy/prominent_economist_daron_acemoglu_willing_to_support_armenia_in_development_democratization_and_ref/}}</ref>

==Recognition== [[File:Daron Acemoglu, 2024 Nobel Prize Laureate in Economics 4.jpg|thumb|Acemoglu lecturing at 2024 Nobel Week]] According to data collected by [[Research Papers in Economics]] (RePEc), Acemoglu was the most cited economist of the decade leading to 2015.<ref>{{cite web|title=Top 10% Authors (Last 10 Years Publications), as of September 2015|url=https://ideas.repec.org/top/top.person.all10.html|website=ideas.repec.org|archive-url=https://web.archive.org/web/20150905170505/https://ideas.repec.org/top/top.person.all10.html|archive-date=September 5, 2015}}</ref><ref name="hurriyetdailynews2015"/><ref name="armenianweekly"/> According to [[Google Scholar]], his works (including co-authored works) have been cited nearly 250,000 times {{as of|November 2024|lc=y}}.<ref name="scholar.google"/> In a 2011 survey of 299 economics professors in the US, Acemoglu ranked third, behind [[Paul Krugman]] and [[Greg Mankiw]], in the list of "Favorite Living Economists Under Age 60".<ref>{{cite journal|last1=Davis|first1=William L.|last2=Figgins|first2=Bob|last3=Hedengren|first3=David|last4=Klein|first4=Daniel B.|title=Economics Professors' Favorite Economic Thinkers, Journals, and Blogs (along with Party and Policy Views)|journal=[[Econ Journal Watch]]|date=May 2011|volume=8|issue=2|page=139|url=https://econjwatch.org/file_download/487/DavisMay2011.pdf}} ([https://archive.org/details/DavisMay2011 archived])</ref>

He was listed 88th in ''[[Foreign Policy]]'''s 2010 list of Top 100 Global Thinkers "for showing that freedom is about more than markets."<ref>{{cite news|title=The FP Top 100 Global Thinkers|url=https://foreignpolicy.com/2010/11/23/the-fp-top-100-global-thinkers-5/|work=[[Foreign Policy]]|date=November 23, 2010|page=[https://archive.org/details/FPThinkers2010p92 92]}} {{JSTOR|29764933}}</ref> Acemoglu was voted by the readers of ''[[Prospect Magazine]]'' as the world's top thinker for 2024.<ref>{{cite news |last1=Clark |first1=Tom |title=Daron Acemoglu: the opportunity economist |url=https://www.prospectmagazine.co.uk/ideas/economics/64535/daron-acemoglu-the-opportunity-economist |work=[[Prospect Magazine]] |date=January 24, 2024 |archive-url=https://web.archive.org/web/20240124072120/https://www.prospectmagazine.co.uk/ideas/economics/64535/daron-acemoglu-the-opportunity-economist |archive-date=January 24, 2024}}</ref> He was elected a fellow of the American Academy of Arts and Sciences in 2006.<ref>American Academy of Arts and Sciences. "Member Directory: Daron Acemoglu." 2006.</ref>

[[Francis Fukuyama]] has described Acemoglu and his long-time collaborator James A. Robinson as "two of the world's leading experts on development."<ref>{{cite web|title=Why Nations Fail: The Origins of Power, Prosperity, and Poverty|url=https://www.barnesandnoble.com/w/why-nations-fail-daron-acemoglu/1110776486#/|publisher=[[Barnes & Noble]]}}</ref> Clement Douglas wrote in the [[Federal Reserve Bank of Minneapolis]] publication that the "scope, depth and sheer volume of [his] scholarship are nothing short of breathtaking, verging on implausible."<ref name="Clement"/> [[Angus Deaton]] called him a "young superstar" and noted that Acemoglu is "a very good example of the way things ought to be going, which is you do history but you know enough mathematics to be able to model it too."<ref>{{cite news|last1=Pilling|first1=David|title=Crash and learn: should we change the way we teach economics?|url=https://www.ft.com/content/0dc9b416-8573-11e6-8897-2359a58ac7a5 |archive-url=https://ghostarchive.org/archive/20221211/https://www.ft.com/content/0dc9b416-8573-11e6-8897-2359a58ac7a5 |archive-date=December 11, 2022 |url-access=subscription |url-status=live|work=[[Financial Times]]|date=September 30, 2016}}</ref>

===Awards=== ;Economics awards * [[John Bates Clark Medal]] (2005) by the [[American Economic Association]]{{sfn|Shimer|2007}}<ref name="boston 2005"/> * [[John von Neumann Award]] (2007) by [[Rajk László College for Advanced Studies]]<ref>{{cite web |title=John von Neumann Award |url=http://rajk.eu/en/dijaink/ |publisher=[[Rajk László College for Advanced Studies]] |quote=2007 Daron Acemoglu (MIT) |access-date=August 12, 2018 |archive-url=https://web.archive.org/web/20141215020145/http://rajk.eu/en/dijaink/ |archive-date=December 15, 2014 |url-status=dead }}</ref> * [[Erwin Plein Nemmers Prize in Economics]] (2012) by [[Northwestern University]] "for fundamental contributions to the understanding of political institutions, technical change and economic growth"<ref>{{cite web|last1=Tremmel|first1=Pat Vaughan|title=Nemmers Prizes Announced|url=https://news.northwestern.edu/stories/2012/04/nemmers-prize|website=northwestern.edu|date=April 16, 2012 |archive-url=https://web.archive.org/web/20210616083401/https://news.northwestern.edu/stories/2012/04/nemmers-prize/ |archive-date=June 16, 2021}}</ref> * [[BBVA Foundation Frontiers of Knowledge Award]] (2016) "for proving the influence of institutions over economic development"<ref>{{cite web|title=Daron Acemoglu earns the Frontiers of Knowledge award for proving the influence of institutions over economic development|url=https://www.bbva.com/en/daron-acemoglu-earns-frontiers-knowledge-award-proving-influence-institutions-economic-development/|website=bbva.com|date=February 21, 2017 |archive-url=https://web.archive.org/web/20201018023158/https://www.bbva.com/en/daron-acemoglu-earns-frontiers-knowledge-award-proving-influence-institutions-economic-development/ |archive-date=October 18, 2020}}</ref><ref>{{cite news|last1=Dizikes|first1=Peter|title=Daron Acemoglu wins BBVA Foundation Frontiers of Knowledge Award|url=https://news.mit.edu/2017/daron-acemoglu-wins-bbva-foundation-frontiers-knowledge-award-0221|work=news.mit.edu|agency=MIT News Office|date=February 21, 2017 |archive-url=https://web.archive.org/web/20210605230101/https://news.mit.edu/2017/daron-acemoglu-wins-bbva-foundation-frontiers-knowledge-award-0221 |archive-date=June 5, 2021}}</ref> * Jean-Jacques Laffont Prize, [[Toulouse School of Economics]] (2018)<ref>{{cite web |title=Daron Acemoglu talk & prize |date=October 3, 2018 |url=https://www.tse-fr.eu/daron-acemoglu-talk-prize |publisher=[[Toulouse School of Economics]]}}</ref><ref>{{cite news |title=2018 Jean-Jacques Laffont prize |url=http://www.jjlaffont.org/en/2018-jean-jacques-laffont-prize |work=jjlaffont.org |publisher=L'Association Jean-Jacques Laffont}}</ref><ref>{{cite news |title=The Narrow Corridor to Liberty: Daron Acemoglu |url=https://www.civilnet.am/news/2019/02/16/The-Narrow-Corridor-to-Liberty-Daron-Acemoglu/354806 |work=civilnet.am |date=February 16, 2019 |archive-url=https://web.archive.org/web/20190711180520/https://www.civilnet.am/news/2019/02/16/The-Narrow-Corridor-to-Liberty-Daron-Acemoglu/354806 |archive-date=July 11, 2019}}</ref> * Global Economy Prize, [[Kiel Institute for the World Economy]] (2019)<ref name="InstProf"/> * Corresponding Fellow of the [[British Academy]] (2021)<ref>{{cite web |title=Professor Daron Acemoglu FBA |url=https://www.thebritishacademy.ac.uk/fellows/professor-daron-acemoglu-fba/ |website=thebritishacademy.ac.uk |publisher=British Academy |archive-url=https://web.archive.org/web/20211123113336/https://www.thebritishacademy.ac.uk/fellows/professor-daron-acemoglu-fba/ |archive-date=November 23, 2021}}</ref> * [[Omicron Delta Epsilon]] Distinguished Economist Award (2026)<ref>{{cite web |title=Omicron Delta Epsilon Distinguished Economist Award Lecture: Daron Acemoglu |url=https://www.aeaweb.org/conference/2026/program/2020?q=eNqrVipOLS7OzM8LqSxIVbKqhnGVrJQMlWp1lBKLi_OTgRwlHaWS1KJcXAgrJbESKpSZmwphlWWmloO0FxUUXDAFTA1AegsS00GyZkq1XDBurh4Z |website=[[American Economic Association]] |access-date=January 10, 2026}}</ref>

;State orders and awards * [[Presidential Culture and Arts Grand Awards|Presidential Culture and Arts Grand Award]] in Social Sciences (2013) by Turkish President [[Abdullah Gül]]<ref>{{cite news|title=2013 'Presidential Culture and Arts Grand Awards' conferred|url=http://aa.com.tr/en/culture-and-art/2013-presidential-culture-and-arts-grand-awards-conferred/195380?amp=1|agency=[[Anadolu Agency]]|date=December 24, 2013}}</ref>

;Honorary degrees Acemoglu has been awarded [[honorary degree]]s from the following universities: [[Utrecht University]] (2008),<ref name="Clement"/> [[Boğaziçi University]] (2011), the [[University of Athens]] (2014),<ref name="mit.edu"/> [[Bilkent University]] (2015),<ref>{{cite news|title=Bilkent Honorary Doctorate Conferred Upon Daron Acemoğlu|url=http://bilnews.bilkent.edu.tr/bilkent-honorary-doctorate-conferred-upon-daron-acemoglu/|work=bilkent.edu.tr|date=September 7, 2015|access-date=September 16, 2017|archive-date=September 19, 2018|archive-url=https://web.archive.org/web/20180919211247/http://bilnews.bilkent.edu.tr/bilkent-honorary-doctorate-conferred-upon-daron-acemoglu/|url-status=dead}}</ref> [[University of Bath]] (2017),<ref>{{cite news|title=Professor Daron Acemoglu – Honorary Degree, Public Lecture and Workshop|url=http://www.bath.ac.uk/economics/news/news_0080.html|work=bath.ac.uk|date=March 21, 2017}}</ref> [[ENS Paris-Saclay]] (2017), [[London Business School]] (2018), the [[University of Glasgow]] (2024),<ref>{{Cite web |title=University of Glasgow Honorary Degrees 2024 |url=https://www.gla.ac.uk/news/headline_1058920_en.html |access-date=May 15, 2024 |website=www.gla.ac.uk |language=en |archive-date=May 15, 2024 |archive-url=https://web.archive.org/web/20240515193531/https://www.gla.ac.uk/news/headline_1058920_en.html |url-status=dead }}</ref> and the [[University of Oxford]] (2026).<ref>{{cite news |title=Honorary degree recipients for 2026 announced |url=https://www.ox.ac.uk/news/2026-04-21-honorary-degree-recipients-for-2026-announced |access-date=22 April 2026 |work=University of Oxford |date=22 April 2026}}</ref>

;Other * [[Carnegie Corporation of New York|Carnegie Fellow]] (2017)<ref>{{cite web |title=Daron Acemoglu |url=https://www.carnegie.org/awards/honoree/daron-acemoglu/ |website=carnegie.org |publisher=[[Carnegie Corporation of New York]] |archive-url=https://web.archive.org/web/20190320200618/https://www.carnegie.org/awards/honoree/daron-acemoglu/ |archive-date=March 20, 2019}}</ref>

====Nobel Prize==== Acemoglu was long considered a prospective Nobel laureate.<ref>{{cite web |date=October 6, 2015 |title=Predictions for the 2015 Nobel Prize |url=https://www.nobelprize.org/prizes/economic-sciences/2024/summary/ |archive-url=https://archive.today/20210820223949/https://www.hse.ru/en/news/161982811.html |archive-date=August 20, 2021 |publisher=[[Higher School of Economics]] |quote=(1) Daron Acemoglu (MIT) and James Robinson (University of Chicago) for their research on the role of institutions in economic development.}}</ref><ref>{{cite news |last1=Kihara |first1=David |title=NYU accidentally announces one of its professors wins Nobel Prize |url=https://www.politico.com/story/2016/10/paul-romer-nobel-new-york-university-229233 |agency=[[Politico]] |date=October 6, 2016 |archive-url=https://web.archive.org/web/20210720010636/https://www.politico.com/story/2016/10/paul-romer-nobel-new-york-university-229233 |archive-date=July 20, 2021 |quote=Some other economists who have been touted as possible Nobel winners include William Baumol, William Nordhaus, Esther Duflo and Daron Acemoglu.}}</ref><ref>{{cite news |title=Paul Romer and William Nordhaus – why they won the 2018 'economics Nobel' |url=https://theconversation.com/paul-romer-and-william-nordhaus-why-they-won-the-2018-economics-nobel-104588 |work=[[The Conversation (website)|The Conversation]] |date=October 8, 2018 |archive-url=https://web.archive.org/web/20210820235932/https://theconversation.com/paul-romer-and-william-nordhaus-why-they-won-the-2018-economics-nobel-104588 |archive-date=August 20, 2021 |quote=Other economists followed this line of thinking (Robert Barro, Daron Acemoglu, Philippe Aghion – all prize candidates for a few years now)...}}</ref><ref>{{cite news |last1=Smith |first1=Noah |title=Five Economists Whose Work Is Worthy of a Nobel |url=https://www.bloombergquint.com/gadfly/five-economists-whose-work-is-worthy-of-a-nobel-prize |agency=[[BloombergQuint]] |date=October 11, 2019 |archive-url=https://web.archive.org/web/20210820225112/https://www.bloombergquint.com/gadfly/five-economists-whose-work-is-worthy-of-a-nobel-prize |archive-date=August 20, 2021 |quote=No. 5. Daron Acemoglu}}</ref><ref>{{cite web |title=Clarivate Reveals Citation Laureates 2022 – Annual List of Researchers of Nobel Class |url=https://clarivate.com/news/clarivate-reveals-citation-laureates-2022-annual-list-of-researchers-of-nobel-class/ |publisher=[[Clarivate]] |archive-url=https://web.archive.org/web/20221003114104/https://clarivate.com/news/clarivate-reveals-citation-laureates-2022-annual-list-of-researchers-of-nobel-class/ |archive-date=October 3, 2022 |location=London |date=September 21, 2022 |quote=Economics: Daron Acemoglu [...] For far-reaching analysis of the role of political and economic institutions in shaping national development}}</ref> In 2024, Acemoglu, jointly with [[James A. Robinson]] and [[Simon Johnson (economist)|Simon Johnson]], were awarded the [[Nobel Memorial Prize in Economic Sciences]] for their comparative studies in prosperity among nations.<ref>{{Cite web |title=The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 |url=https://www.nobelprize.org/prizes/economic-sciences/2024/press-release/ |access-date=October 14, 2024 |website=NobelPrize.org |language=en-US}}</ref> The trio was recognized for their studies on how political and economic institutions impact a nation's development, highlighting the distinction between inclusive institutions, which promote widespread economic participation and growth, and extractive institutions, which concentrate power and wealth in the hands of a few.<ref>{{cite web | url=https://www.nobelprize.org/prizes/economic-sciences/2024/summary/ | title=The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 }}</ref> Acemoglu became the [[List of Armenian Nobel laureates|second ethnic Armenian]] (after [[Ardem Patapoutian]])<ref>{{cite web |last1=Afeyan |first1=Noubar |author1-link=Noubar Afeyan |title=A moment of great pride as my friend and MIT colleague, Daron Acemoglu |url=https://x.com/NoubarAfeyan/status/1845772207399551353 |archive-url=https://archive.today/20241014105447/https://x.com/NoubarAfeyan/status/1845772207399551353 |archive-date=14 October 2024 |date=14 October 2024 |quote=He joins Ardem Patapoutian of Scrips (Nobel in Physiology/Medicine) as a second recent awardee of Armenian descent}}</ref> and third Turkish national (after [[Orhan Pamuk]] and [[Aziz Sancar]]) to become a Nobel laureate.<ref>{{cite news |last1=Buyuk |first1=Hamdi Firat |title=Turkish-American Acemoglu Shares Nobel Prize for Economics |url=https://balkaninsight.com/2024/10/14/turkish-american-acemoglu-shares-nobel-prize-for-economics/ |agency=[[Balkan Insight]] |date=October 14, 2024 }}</ref>

==Selected bibliography== * {{cite book|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|author-link2=James A. Robinson (economist)|title=Economic Origins of Dictatorship and Democracy|date=2006|publisher=Cambridge University Press|isbn=9780521855266}} * {{cite book|last1=Acemoglu|first1=Daron|title=Introduction to Modern Economic Growth|date=2008|publisher=Princeton University Press|isbn=9781400835775}} * {{cite book|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|author-link2=James A. Robinson (economist)|title=Why Nations Fail|date=2012|publisher=[[Crown Publishing Group|Crown Business]]|isbn=978-0307719218|title-link=Why Nations Fail}} * Acemoglu, Daron; Laibson, David and List, John (2014). ''Principles of Economics, Pearson, New York.'' * {{cite book|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|author-link2=James A. Robinson (economist)|title=The Narrow Corridor: States, Societies, and the Fate of Liberty|date=2019|publisher=[[Penguin Press]]|isbn=978-0735224384}} [https://books.google.com/books?id=IHuDDwAAQBAJ Description], [https://books.google.com/books?id=IHuDDwAAQBAJ arrow-searchable preview], & [https://www.penguinrandomhouse.com/books/555400/the-narrow-corridor-by-daron-acemoglu-and-james-a-robinson/ reviewers' comments (at bottom).] * Acemoglu, Daron, and Simon Johnson (2023). ''Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.'' New York: PublicAffairs.

==References== ===Notes=== {{notelist}}

===Citations=== <references> <ref name="mit cv">{{cite web|title=Curriculum Vitae Daron Acemoglu|url=https://economics.mit.edu/faculty/acemoglu/cv|website=economics.mit.edu|publisher=[[Massachusetts Institute of Technology]]|access-date=September 16, 2017|archive-date=July 28, 2021|archive-url=https://web.archive.org/web/20210728192607/https://economics.mit.edu/faculty/acemoglu/cv|url-status=dead}} ([https://archive.org/details/AcemogluMITCA archived])</ref>

<ref name="boston 2005">{{cite news|last1=Gavin|first1=Robert|title=MIT professor named top economist under 40|url=https://archive.boston.com/business/globe/articles/2005/06/15/mit_professor_named_top_economist_under_40/?page=full|work=[[The Boston Globe]]|date=June 15, 2005}} ([https://archive.org/details/AcemogluBostonGlobe archived])</ref>

<ref name="mit.edu">{{cite web|title=Faculty & Research: Daron Acemoglu|url=http://mitsloan.mit.edu/faculty-and-research/faculty-directory/detail/?id=61349|website=mit.edu|archive-url=https://web.archive.org/web/20170909123057/http://mitsloan.mit.edu/faculty-and-research/faculty-directory/detail/?id=61349|archive-date=September 9, 2017}}</ref>

<ref name="Clement">{{cite web|last1=Clement|first1=Douglas|title=Interview with Daron Acemoglu|url=https://www.minneapolisfed.org/publications/the-region/interview-with-daron-acemoglu|publisher=[[Federal Reserve Bank of Minneapolis]]|date=September 27, 2011|access-date=September 16, 2017|archive-date=September 17, 2017|archive-url=https://web.archive.org/web/20170917032952/https://www.minneapolisfed.org/publications/the-region/interview-with-daron-acemoglu|url-status=dead}} ([https://web.archive.org/web/20171027085610/https://www.minneapolisfed.org/~/media/files/pubs/region/11-09/darren_acemoglu_interview.pdf archived])</ref>

<ref name="azatutyun">{{cite news|last1=Tarjimanyan|first1=Arman|title=Տարոն Աճեմօղլու. "Արտագաղթը սարսափելի վտանգ է Հայաստանի համար"|url=https://www.azatutyun.am/a/26933679.html|work=azatutyun.am|agency=[[Radio Free Europe/Radio Liberty]] (via [[Voice of America]]) |date=April 2, 2015|language=hy |archive-url=https://web.archive.org/web/20191228034226/https://www.azatutyun.am/a/26933679.html |archive-date=December 28, 2019 |quote=«Ծնվել ու մեծացել եմ հայկական ընտանիքում, ավարտել Ստամբուլի հայկական տարրական դպրոցը, և, իհարկե, ինձ միշտ հետաքրքրել են տնտեսական, քաղաքական և սոցիալական զարգացումները Հայաստանում», – ասաց պրոֆեսորը։}}</ref>

<ref name="Korones">{{cite news|last1=Korones|first1=Sarah|title=Q&A: Daron Acemoglu, economist, on why nations fail|url=https://www.zdnet.com/article/qa-daron-acemoglu-economist-on-why-nations-fail/|work=[[ZDNet]]|archive-url=https://web.archive.org/web/20171013085757/http://www.zdnet.com/article/qa-daron-acemoglu-economist-on-why-nations-fail/|archive-date=October 13, 2017|url-status=live|date=April 2, 2012}}</ref>

<ref name="imf">{{cite journal|last1=Willson|first1=Simon|title=Breacher of the Peace|journal=[[Finance & Development]]|date=March 2010|volume=47|issue=1|pages=1–4|url=http://www.imf.org/external/pubs/ft/fandd/2010/03/people.htm |archive-url=https://web.archive.org/web/20171016175523/http://www.imf.org/external/pubs/ft/fandd/2010/03/people.htm |archive-date=October 16, 2017}} [https://archive.org/details/AcemogluIMF Alt URL]</ref>

<ref name="bl.uk">{{cite thesis |last1=Acemoglu |first1=Kamer Daron |title=Essays in microfoundations of macroeconomics : contracts and macroeconomic performance |url=http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441209 |archive-url=https://web.archive.org/web/20171013090538/http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.441209 |archive-date=October 13, 2017 |date=1992 |degree=Ph.D |institution=[[London School of Economics]] |oclc=192047523}}</ref>

<ref name="frontiersofknowledgeawards">{{cite web|title=Daron Acemoglu|url=https://www.frontiersofknowledgeawards-fbbva.es/galardonado/daron-acemoglu-2/|publisher=[[BBVA Foundation Frontiers of Knowledge Award]]|date=2016|url-status=dead|archive-url=https://web.archive.org/web/20171104141957/https://www.frontiersofknowledgeawards-fbbva.es/galardonado/daron-acemoglu-2/|archive-date=November 4, 2017}} (, )</ref>

<ref name="freakonomics12">{{cite news|last1=Levitt|first1=Steven D.|author-link1=Steven Levitt|title=Acemoglu and Robinson Answer Your Questions|url=http://freakonomics.com/2012/04/20/acemoglu-and-robinson-answer-your-questions/|work=[[Freakonomics]]|date=April 20, 2012|archive-url=https://web.archive.org/web/20171106193221/http://freakonomics.com/2012/04/20/acemoglu-and-robinson-answer-your-questions/|archive-date=November 6, 2017}}</ref>

<ref name="scholar.google">{{cite web|title=Daron Acemoglu|url=https://scholar.google.com/citations?user=l9Or8EMAAAAJ&hl=en&oi=ao|publisher=[[Google Scholar]]}}</ref>

<ref name="hurriyetdailynews2015">{{cite news|title=Istanbul-born MIT professor named world's most influential economist|url=http://www.hurriyetdailynews.com/istanbul-born-mit-professor-named-worlds-most-influential-economist--86257|work=[[Hürriyet Daily News]]|date=July 31, 2015 |archive-url=https://web.archive.org/web/20210926144618/https://www.hurriyetdailynews.com/istanbul-born-mit-professor-named-worlds-most-influential-economist--86257 |archive-date=September 26, 2021}}</ref>

<ref name="Mallard">{{cite book|last=Mallard|first=Graham|title=The Economics Companion|date=2012|publisher=[[Palgrave Macmillan]]|isbn=9780230356450|page=[https://books.google.com/books?id=Sa4cBQAAQBAJ&pg=PA265 265]}}</ref>

<ref name="armenianweekly">{{cite news|title=Daron Acemoglu Named Most Influential Economist|url=https://armenianweekly.com/2015/08/07/acemoglu-named-most-influential-economist/|work=[[Armenian Weekly]]|date=August 7, 2015 |archive-url=https://web.archive.org/web/20210308010725/https://armenianweekly.com/2015/08/07/acemoglu-named-most-influential-economist/ |archive-date=March 8, 2021}}</ref>

<ref name="fivebooks">{{cite book |last1=Roell |first1=Sophie |title=The best books on Inequality recommended by Daron Acemoglu |url=https://archive.org/details/fivebooksAcemoglu |publisher=Five Books |date=December 2011 |via=[[Archive.org]]}}</ref>

<ref name="genealogy">{{cite web|title=Daron Kamer Acemoglu|url=http://www.genealogy.ams.org/id.php?id=200428&fChrono=1|website=genealogy.ams.org|publisher=Mathematics Genealogy Project (Department of Mathematics, [[North Dakota State University]])|url-status=live|archive-url=https://web.archive.org/web/20171108205336/http://www.genealogy.ams.org/id.php?id=200428&fChrono=1|archive-date=November 8, 2017}}</ref>

<ref name="hoover2009">{{cite web|last1=Acemoglu|first1=Daron|title=The Crisis of 2008: Lessons for and from Economics|url=https://www.hoover.org/research/crisis-2008-lessons-and-economics|publisher=[[Hoover Institution]]|date=January 5, 2009}}</ref>

<ref name="Keller">{{cite news|last=Keller|first=Bill|author-link=Bill Keller|title=Inequality for Dummies|url=https://www.nytimes.com/2013/12/23/opinion/inequality-for-dummies.html|work=[[The New York Times]]|date=December 22, 2013}}</ref>

<ref name="hp2012">{{cite news|last1=Acemoglu|first1=Daron|last2=Robinson|first2=James A.|title=The Problem With U.S. Inequality|url=https://www.huffingtonpost.com/entry/us-inequality_b_1338118.html|work=[[HuffPost]]|date=March 11, 2012}} ([https://www.huffingtonpost.com/entry/us-inequality_b_1338118.html cached])</ref>

<ref name="fpTrump">{{cite news|last=Acemoglu|first=Daron|title=We Are the Last Defense Against Trump|url=https://foreignpolicy.com/2017/01/18/we-are-the-last-defense-against-trump-institutions/|work=[[Foreign Policy]]|date=January 18, 2017|url-status=dead|archive-url=https://web.archive.org/web/20171108071235/http://foreignpolicy.com/2017/01/18/we-are-the-last-defense-against-trump-institutions/|archive-date=November 8, 2017}} (, )</ref>

<ref name="JohnsonNYTimes12">{{cite news|last=Johnson|first=Simon|author-link=Simon Johnson (economist)|title=The Koch Brothers, the Cato Institute and Why Nations Fail|url=https://economix.blogs.nytimes.com/2012/03/08/the-koch-brothers-the-cato-institute-and-why-nations-fail/|work=[[The New York Times]]|date=March 8, 2012}}</ref>

<ref name="Mokyr&Sokoloff">''Why Nations Fail'', "Acknowledgments", p. 209 "Two people played a particularly significant role in shaping our views and encouraging our research, and we would like to take this opportunity to express our intellectual debt and our sincere gratitude to them: Joel Mokyr, and Ken Sokoloff...</ref>

<ref name="Dewan">{{cite journal|last1=Dewan|first1=Torun|last2=Shepsle|first2=Kenneth A.|title=Recent Economic Perspectives on Political Economy, Part II|journal=[[British Journal of Political Science]]|date=July 2008|volume=38|issue=3|pages=543–564|doi=10.1017/S0007123408000276|pmid=23606754|pmc=3630075|quote=...Seymour Martin Lipset and Barrington Moore, for example, have clearly influenced Acemoglu and Robinson and other contributors to the literature on redistribution...}}</ref>

<ref name="socdem">{{cite news |last1=Edsall |first1=Thomas B. |author-link1=Thomas B. Edsall |title=Bernie Sanders Scares a Lot of People, and Quite a Few of Them Are Democrats |url=https://www.nytimes.com/2019/04/24/opinion/sanders-2020-trump.html |work=[[The New York Times]] |date=April 24, 2019}}</ref> </references>

===Sources=== * {{cite journal|last=Shimer|first=Robert|author-link=Robert Shimer|title=Daron Acemoglu: 2005 John Bates Clark Medalist|journal=[[Journal of Economic Perspectives]]|date=2007|volume=21|issue=1|pages=191–208|doi=10.1257/jep.21.1.191|jstor=30033707|doi-access=free}}

==External links== *{{commons category-inline}} *{{Nobelprize}}

{{Instecon}} {{Nobel Memorial Prize in Economic Sciences laureates}} {{2024 Nobel Prize winners}} {{John Bates Clark Medal recipients}} {{John von Neumann Award recipients}}

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