| 1 | Name: | Dr. Daron Acemoglu | |
| Institution: | Massachusetts Institute of Technology | ||
| Year Elected: | 2021 | ||
| Class: | 3. Social Sciences | ||
| Subdivision: | 302. Economics | ||
| Residency: | Resident | ||
| Living? : | Living | ||
| Birth Date: | 1967 | ||
Daron Acemoglu is an Institute Professor at the Massachusetts Institute of Technology. He earned his Ph.D. from the London School of Economics (LSE) in 1992. He was previously a Lecturer in economics at the LSE from 1992-1993. Since arriving at MIT, Acemoglu has served as an Assistant Professor of Economics (1993-1997), the Pentti Kouri Associate Professor of Economics (1997-2000), Professor of Economics (2000-2004), the Charles P. Kindleberger Professor of Applied Economics (2004-2010), and the Elizabeth and James Killian Professor of Economics (2010-2019). He also served as Co-Editor, and later, Editor-in-Chief of Econometrica. Acemoglu has contributed to economics in an astonishing variety of areas. Many of his papers—not just one or two—have fundamentally changed the fields in which they were published. He has made seminal contributions to development economics, where he has been the leader in the argument that institutions are the crucial determinants of whether countries develop or fail. He has done so with a mixture of deep historical analysis, research into politics, and a range of imaginative econometric investigations, often based on historical data. Through his work, these arguments have won broad acceptance in the economics profession. He is a leader in tackling questions of directed technical progress, its determinants, and its consequences. His work is framing research being carried out throughout the profession, and it thoughtfully informs what we are witnessing in developed and developing countries today. Acemoglu's bibliography includes: (with J. Robinson) Economic Origins of Dictatorship and Democracy, 2006; (with J. Robinson) Why Nations Fail: Origins of Power, Poverty and Prosperity, 2012; (with P. Restrepo) "The Race Between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment," American Economic Review, 2018; (with J. Robinson) The Narrow Corridor: States, Societies and the Fate of Liberty, 2019. He received the inaugural T. W. Shultz Prize from the University of Chicago in 2004, the Society of Labor Economics's 2004 Sherwin Rosen Award, the American Economic Association's 2005 John Bates Clark Medal, the Turkish Sciences Association's 2006 Distinguished Science Award, the Erwin Plein Nemmers Prize in 2012, the 2012 Inaugural Galasaray Prize For Contribution to Science, Technology, and Culture, the 2016 BBVA Frontiers of Knowledge Award, the John von Neumann Award, a Carnegie Fellowship, the Jean-Jacques Laffont Prize in 2018, the Global Economy Prize in 2019, and the CME Mathematical and Statistical Research Institute prize in 2021. He is a member of the British Academy of Sciences, the Turkish Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. Acemoglu was elected a member of the American Philosophical Society in 2021. | |||