Daron Acemoğlu Quote

How to win lottery in Zimbabwe It was January 2000 in Harare, Zimbabwe. Master of Ceremonies Fallot Chawawa was in charge of drawing the winning ticket for the national lottery organized by a party state-owned bank, the Zimbabwe Banking Corporation (Zimbank). The lottery was open to all clients who had kept five thousand or more Zimbabwe dollars in their accounts during December 1999. When Chiwawa drew the ticket, he was dumbfounded. As the public statement of Zimbank put it, @Master of Ceremonies Fallot Chawawa could hardly believe his eyes when the ticket drawn for the Z$100 000 prize was handed to him and he saw His Excellency RG Mugabe written on it'The fact that Mugabe could eve wi the lottery if he wanted showed how much control he had over matters in Zimbabwe, and gave the world a glimpse of the extend of the country's extractive institutions.

Daron Acemoğlu

How to win lottery in Zimbabwe It was January 2000 in Harare, Zimbabwe. Master of Ceremonies Fallot Chawawa was in charge of drawing the winning ticket for the national lottery organized by a party state-owned bank, the Zimbabwe Banking Corporation (Zimbank). The lottery was open to all clients who had kept five thousand or more Zimbabwe dollars in their accounts during December 1999. When Chiwawa drew the ticket, he was dumbfounded. As the public statement of Zimbank put it, @Master of Ceremonies Fallot Chawawa could hardly believe his eyes when the ticket drawn for the Z$100 000 prize was handed to him and he saw His Excellency RG Mugabe written on it'The fact that Mugabe could eve wi the lottery if he wanted showed how much control he had over matters in Zimbabwe, and gave the world a glimpse of the extend of the country's extractive institutions.

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About Daron Acemoğlu

Kamer Daron Acemoğlu (Turkish: [daˈɾon aˈdʒemoːɫu];, Armenian: Տարոն Աճեմօղլու; born September 3, 1967) is a Turkish-American economist of Armenian descent who has taught at the Massachusetts Institute of Technology since 1993, where he is currently the Elizabeth and James Killian Professor of Economics, and was named an Institute Professor at MIT in 2019. He received the John Bates Clark Medal in 2005, and the Nobel Prize in Economics in 2024.
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 syllabi for economics courses after Mankiw and Krugman.
In 2024, Acemoglu, James A. Robinson, and Simon Johnson were awarded the Nobel Memorial Prize in Economic Sciences for their comparative studies in prosperity between states and empires. He is regarded as a centrist with a focus on institutions, poverty and econometrics.