Daron Acemoğlu bigraphy, stories - Turkish-American economist

Daron Acemoğlu : biography

September 3, 1967 -

Kamer Daron Acemoğlu is a Turkish economist born September 3, 1967 in Istanbul, Turkey now living in the USA. He is of Armenian descent. He is currently the Elizabeth and James Killian Professor of Economics at Massachusetts Institute of Technology and winner of the 2005 John Bates Clark Medal., EconomicPrincipals.com He is among the in the world according to IDEAS/RePEc. His most cited article is "Colonial origins of comparative development" (2001).

Acemoğlu was born in Istanbul, Turkey. He graduated in 1986 from the Galatasaray High School in Istanbul. He got his B.A. degree from the University of York, UK and his M.Sc. degree in Econometrics and Mathematical Economics and then his Ph.D. degree in 1992 from the London School of Economics. He was a lecturer in economics at the LSE from 1992-1993. Acemoğlu became a member of the M.I.T. faculty in 1993. He was promoted to full professor in 2000, and was named the Charles P. Kindleberger Professor of Applied Economics in 2004. He is a member of the Economic Growth program of the Canadian Institute of Advanced Research. He is also affiliated with the National Bureau of Economic Research, Center for Economic Performance, International Growth Centre, and Centre for Economic Policy Research.

His principal interests are political economy, development economics, economic growth, technology, income and wage inequality, human capital and training, and labour economics. His most recent works concentrate on the role of institutions in economic development and political economy.

Daron Acemoğlu is also the co-editor of Econometrica, Review of Economics and Statistics, and associate editor of the Journal of Economic Growth, and an editorial committee board member of the Annual Review of Economics. He was elected a Fellow of the American Academy of Arts and Sciences in 2006.

Acemoglu was one of the academics who signed a letter in support of legalizing marijuana in Colorado, United States.

Selected publications

  • Why Nations Fail: The Origins of Power, Prosperity, and Poverty (joint with James A. Robinson), Crown Publishers, 2012.
  • Introduction to Modern Economic Growth Princeton University Press, 2008.
  • Economic Origins of Dictatorship and Democracy (joint with James A. Robinson) Cambridge University Press, 2005
  • Recent Developments in Growth Theory, Edward Elgar Publishing, 2004. ISBN 978-1-84376-259-1


  • Award for best paper published in the Economic Journal in 1996
  • T. W. Schultz prize at the University of Chicago in 2004
  • Sherwin Rosen award for outstanding contribution to labor economics in 2004
  • John Bates Clark Medal in 2005
  • Elected Fellow to American Academy of Arts and Sciences in 2006
  • Academy Awards in the Social Sciences- 2006, Turkish Academy of Science (Acemoğlu received the Science Award for his theoretical and empirical contributions on "the role of institutions in the process of economic development, based on the example of long-term effects left by institutions founded by European colonial administrations".)
  • John von Neumann Award in 2007, given by the Rajk László College for Advanced Studies
  • Erwin Plein Nemmers Prize in Economics in 2012, "for fundamental contributions to the understanding of political institutions, technical change and economic growth.”
  • Financial Times and Goldman Sachs Business Book of the Year Award, shortlist, Why Nations Fail: The Origins of Power, Prosperity and Poverty
Living octopus

Living octopus

In countries which are located near sea coasts, sea food is an important part of national cuisine