About

Daron Acemoglu is a Nobel Prize-winning economist and author of What Happened to Liberal Democracy?, as well as the bestselling co-author of Why Nations Fail and Power and Progress.

Daron Acemoglu won the 2024 Nobel Prize for Economics for his groundbreaking work on AI, innovation, and prosperity. If we can tap into AI’s massive potential right now, we can build a world where everyone benefits from the progress that innovation brings us. One of the most renowned economists on the planet, Daron is a historian who looks at what has happened and tells you what will happen next, with deep expertise in the impacts of technology on democracy, culture, and civilization.

Research and Work

Daron has been widely recognized for his groundbreaking work on the key role strong institutions play in a country’s democracy and wellbeing. His academic work covers a wide range of areas, including political economy, economic development, economic growth, inequality, labor economics, and economics of networks. In talks, he gives us the big-picture vision we need to change the way we innovate in order to use our creativity for the good of humanity. He has written for mainstream magazines such as Esquire and Foreign Policy, is a regular speaker for banks, think tanks, corporations, and other major institutions across the globe, and has received high-profile attention in The New York Times, The Washington Post, Financial Times, Bloomberg Businessweek, The Economist, and many more.

Books

In his most recent book, What Happened to Liberal Democracy?: Remaking a Politics of Shared Prosperity, Daron argues that liberal democracy has turned its back on its core promises—and proposes a new way forward towards a future of shared prosperity and empowered communities. In Power and Progress (co-authored with fellow Nobel Prize winner Simon Johnson), he shows how technology has historically benefited a select few, and how we can regain control and turn today’s advances into empowering and democratizing tools. The Narrow Corridor: States, Societies, and the Fate of Liberty (co-authored with fellow Nobel Prize winner James Robinson) is a vital assessment of how liberty flourishes in select states yet devolves into authoritarianism or anarchy in others. And in Why Nations Fail (also co-authored with James Robinson), Daron answers a question that has confounded leading minds for centuries: why are some nations rich while others are poor—and how can we help every country thrive? He is also the editor of Redesigning AI, a look at how new technologies can be put to use in the creation of a more just society.

Selected Credentials

Daron is an MIT Institute Professor—the highest title awarded to faculty members—and a founding co-director of MIT’s Stone Center on Inequality and Shaping the Future of Work. He is an elected fellow of the National Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, and the Society of Labor Economists. He has received the prestigious John Bates Clark Medal, the Nemmers Prize in Economics, the BBVA Foundation Frontiers of Knowledge Award, the 2019 Kiel Institute Global Economy Prize, and an Andrew Carnegie fellowship. He was twice named one of Foreign Policy’s Top 100 Global Thinkers.

Selected Work

Awards & Honors

2024

The Nobel Memorial Prize in Economic Sciences

2020

CME Group-MSRI Prize and Medal

2019

Global Economy Prize

2018

Jean-Jacques Laffont Prize

2017

Carnegie Fellow

2017

BBVA Frontiers of Knowledge Award in Economics

2012

Nemmers Prize in Economics

2007

John von Neumann Award

2006

Distinguished Science Award

2005

John Bates Clark Medal

2004

T. W. Shultz Prize

2004

Sherwin Rosen Award for outstanding contributions to labor economics

Selected Work

Elected Fellowships & Memberships

National Academy of Sciences

American Academy of Arts and Sciences

Econometric Society

European Economic Association

Society of Labor Economists

Turkish Academy of Science

National Bureau of Economic Research

Canadian Institute of Advanced Research

Centre for Economic Policy Research

Selected Work

Career Timeline

2026

Publishes What Happened to Liberal Democracy?

This book was called a “thoughtful proposed solution to the most important question of modern democracy” (Jared Diamond, Guns, Germs, and Steel).

2024

Receives the Nobel Memorial Sveriges Riksbank Prize in Economic Sciences

Alongside collaborators James A. Robinson and Simon Johnson.

2023

Publishes Power and Progress

Co-authored with Simon Johnson, Power and Progress was called “the blueprint we need for the challenges ahead” (Shoshana Zuboff, The Age of Surveillance Capitalism).

2021

Publishes Redesigning AI

A collection of writing edited by Daron, this book is an urgent vision for redirecting the course of technological change for good.

2019

PublishesThe Narrow Corridor

Co-authored with James A. Robinson, The Narrow Corridor was a Kirkus and Financial Times Best Book of the Year.

2012

Publishes Why Nations Fail

Co-authored with James A. Robinson, Why Nations Fail was a New York Times bestseller named a best book of the year by The Washington Post, The Economist, Financial Times, Bloomberg, and more.

2009

Publishes Introduction to Modern Economic Growth

An incisive introduction to the subject, this was called “clearly the book for the next generation” (Tyler Cowen, Marginal Revolution).

2005

Receives the John Bates Clark Medal

This award is given to the American economist under the age of forty who is judged to have made the most significant contribution to economic thought and knowledge.

1993

Joins MIT

Appointed Assistant Professor of Economics at MIT.