He is on the list of the world's most important economists. After receiving the title of professor, he was nominated twice for the Nobel Prize in Economics.
WHO IS DARON ACEMOĞLU?
Kamer Daron Acemoğlu with his full name was born on September 3, 1967 in Istanbul. He is a Turkish-American economist. Daron Acemoğlu is Professor of Economics at the Massachusetts Institute of Technology (MIT). He is among the "Top 10 Most Cited Economists in the World" according to the IDEAS/RePEc research database.
DARON ACEMOGLU LIFE
Born in Istanbul in 1967, Acemoğlu is of Armenian origin. He graduated from Galatasaray High School in 1986. Acemoğlu received his undergraduate degree from York University, England, and received his master's and doctorate degrees from the London School of Economics, one of the most prestigious schools in this field. Acemoğlu taught at the London School of Economics between 1992 and 1993, and in 1993 he started to teach at the Massachusetts Institute of Technology in the USA. During the first years of his academic career at MIT, a study published in The Economic Journal, one of the historical publications in the field of economics, received the "Best Paper of the Year 1996" award. Daron Acemoğlu was promoted to professor in 2000.
Daron Acemoğlu is married to Asuman Özdağlar, a professor at MIT and the daughter of former Minister of State İsmail Özdağlar.
One of Acemoğlu's outstanding achievements is being awarded the John Bates Clark medal in 2005. The John Bates Clark medal is awarded every two years to a scientist under the age of 40 who has made the greatest contribution to economics.
Acemoğlu's main areas of interest are political economy, economic development, economic growth, income and wage balance inequality. His most recent work is on "the place of institutions in economic development and political economy".
Acemoğlu is also the assistant editor of the "Review of Economics and Statistics" and "Journal of Economic Growth". He is a member of the Academy of Sciences.
Exclusive and inclusive governments
Some of Acemoğlu's observations from his famous book Why Nations Fail are as follows:
In his book with James Robinson, Acemoğlu divides management systems into extractive and inclusive.
It is stated that "with special laws or privileges given by banks, managers create monopoly companies for their supporters" regarding extractive countries.
When talking about Inclusive countries, it is stated that "separation of powers and freedom of the press is supported, and taxation is done in a fair and transparent manner".