Daron Acemoğlu Quote
While in England the profits of the slave trade helped to enrich those who opposed absolutism, in Africa they helped to create and strengthen absolutism. Farther
Cake is happiness! If you know the way of the cake, you know the way of happiness! If you have a cake in front of you, you should not look any further for joy!
C. JoyBell C.
How is it possible that suffering that is neither my own nor of my concern should immediately affect me as though it were my own, and with such force that is moves me to action?
There is no need for us all to be alike and think the same way, neither do we need a common enemy to force us to come together and reach out to each other. If we allow ourselves and everyone else the...
Anthon St. Maarten
An apology can be a wonderful thing so long as it is infrequent and from the heart. However, beware of the person who justifies bad behavior with apologies. For them it is a means to an end, and quite...
Born to Armenian parents in Istanbul, Acemoglu completed his MSc and then PhD at the London School of Economics (LSE) at 25. He lectured at LSE for a year before joining the MIT. He was awarded the John Bates Clark Medal in 2005. Acemoglu is best known for his work on political economy. He has authored hundreds of papers, many of which are co-authored with his long-time collaborators Simon Johnson and James A. Robinson. With Robinson, he authored Economic Origins of Dictatorship and Democracy (2006) and Why Nations Fail (2012). The latter, an influential book on the role that institutions play in shaping nations' economic outcomes, prompted wide scholarly and media commentary. Described as a centrist, he believes in a regulated market economy. He regularly comments on political issues, economic inequality, and a variety of specific policies.
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.