Daron Acemoglu

Daron Acemoglu

Daron Acemoglu is the Elizabeth and James Killian Professor of Economics at MIT. In 2005, he received the John Bates Clark Medal, awarded to economists under age forty judged to have made the most significant contribution to economic thought and knowledge. In 2012, he was honored with the Erwin Plein Nemmers Prize in Economics for work of lasting significance, and in 2016, he received the BBVA Frontiers of Knowledge Award in Economics, Finance, and Management for his lifetime contributions.

Acemoglu is widely celebrated for his influential body of work on the role of institutions in economic and political development. His collaborations with James A. Robinson, including the seminal books Why Nations Fail: The Origins of Power, Prosperity, and Poverty and The Narrow Corridor: States, Societies, and the Fate of Liberty, have become cornerstones in the study of political economy. These works offer profound insights into how inclusive institutions drive prosperity while extractive systems perpetuate poverty, as well as the delicate balance necessary to sustain liberty. His research has profoundly shaped scholarly and policy discussions around global development and inequality.

  • Economics
  • 1967
  • Male
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    Why Nations Fail
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    By : Daron AcemogluJames A. Robinson

    Why Nations Fail: The Origins of Power, Prosperity, and Poverty

    Why do some nations flourish while others are trapped in cycles of poverty and decay? Why Nations Fail cuts through geography, culture, and chance to expose the raw machinery of power—where inclusive institutions build prosperity and extractive ones hollow it out. With the force of a grand detective story, it reveals how empires collapse not from outside threats, but from within, when the few prey upon the many. Can a society rewrite its destiny, or are its failures hardwired into the very rules it lives by? This is a journey into the heart of inequality—and a blueprint for those bold enough to change it.

    • Originally Published: 2012
    • Publisher : Crown Currency, 2013
    • Pages: 544
    • Book Type: Hardcopy
    • ISBN-13: 978-0307719225
    • Access: Members