Daron Acemoglu(Redirected from Daron Acemoğlu)
Kamer Daron Acemoğlu (Turkish: [dɑˈɾon ɑd͡ʒeˈmoːɫu]; born September 3, 1967) is a Turkish-born American economist who has taught at the Massachusetts Institute of Technology (MIT) since 1993. He is currently Elizabeth and James Killian Professor of Economics at MIT.
Acemoglu in 2016
Kamer Daron Acemoğlu|
September 3, 1967
|Citizenship||Turkey and United States|
|Field||Political economy, Economic growth, Labour economics|
|New institutional economics|
|Kevin W. S. Roberts|
|Robert Shimer • Mark Aguiar • Pol Antràs • Gabriel Carroll|
|Influences||Joel Mokyr • Kenneth Sokoloff • Douglass North • Seymour Martin Lipset • Barrington Moore|
Born to Armenian parents in Istanbul, Acemoglu was educated in the UK and completed his PhD at the London School of Economics (LSE) at 25. He lectured at LSE for a year before joining the MIT. He was awarded the John Bates Clark Medal in 2005. Acemoglu is best known for his work on political economy. He has authored hundreds of papers, many of which are co-authored with his long-time collaborators Simon Johnson and James A. Robinson. With Robinson, he authored Economic Origins of Dictatorship and Democracy (2006) and Why Nations Fail (2012). The latter, an influential book on the role that institutions play in shaping nations' economic outcomes, prompted wide scholarly and media commentary. Described as a centrist, he believes in a regulated market economy. He regularly comments on political issues, economic inequality, and a variety of specific policies.
Acemoglu ranked third, behind Paul Krugman and Greg Mankiw, in the list of "Favorite Living Economists Under Age 60" in a 2011 survey among American economists. In 2015 he was named the most cited economist of the past 10 years per IDEAS/RePEc data.
Acemoğlu[a] was born in Istanbul, Turkey to Armenian parents. He is the only child of Kevork Acemoglu (d. 1988), a well-known commercial lawyer and lecturer at Istanbul University, and Irma (d. 1991), principal of Aramyan Uncuyan, an Armenian school in the Kadıköy district. He attended an Armenian school in Istanbul and graduated from Galatasaray High School in 1986. He became interested in politics and economics as a teenager. He earned his Bachelor of Arts in economics at the University of York in 1989, his Master of Science (in mathematical economics and econometrics) and PhD (in economics) from the London School of Economics (LSE), in 1990 and 1992, respectively. His doctoral thesis was titled "Essays in Microfoundations of Macroeconomics: Contracts and Economic Performance." James Malcomson, one of his doctoral examiners at the LSE, said that even the weakest three of the seven chapters of his thesis were "more than sufficient for the award of a PhD."
Acemoglu is a naturalized US citizen. He is fluent in English and Turkish. He is married to Asuman "Asu" Ozdağlar, a professor of Electrical Engineering and Computer Science at MIT and daughter of İsmail Özdağlar, a former Turkish government minister. Together they have authored several articles. As of 2015, they live in Newton, Massachusetts with their two sons (Arda and Aras).
Acemoglu was lecturer in economics at the London School of Economics (LSE) from 1992 to 1993. He began lecturing at the Massachusetts Institute of Technology (MIT) in 1993, when he was appointed Assistant Professor of Economics. He was granted a tenure at MIT in 1998, and promoted to full professor in 2000. In 2004 he became Charles P. Kindleberger Professor of Applied Economics. Since 2010 Acemoglu has been the Elizabeth and James Killian Professor of Economics at MIT. In 2014 he made $841,380, making him one of the top earners at MIT.
He is a fellow of the United States National Academy of Sciences, American Academy of Arts and Sciences, Econometric Society, European Economic Association, and other learned societies. He is a Research Associate at the National Bureau of Economic Research, and a Senior Fellow at the Canadian Institute for Advanced Research. He was the editor of Econometrica, an influential academic journal published by the Econometric Society, from 2011 to 2015.
Acemoglu noted that most of his research has been "motivated by trying to understand the sources of poverty." His research includes a wide range of topics, including political economy, human capital theory, growth theory, economic development, innovation, labor economics, income and wage inequality, etc. He noted in 2011 that most his research of the past 15 years concerned with what can be broadly called political economy. He has made significant contribution to the labor economics field.
Acemoglu has extensively collaborated with James A. Robinson, a British political scientist, since 1993. Acemoglu has described it as a "very productive relationship." They have worked together on a number of articles and several books, most of which on the subject of growth and economic development. The two have also extensively collaborated with economist Simon Johnson.
- For a selected bibliography, see below
Economic Origins of Dictatorship and DemocracyEdit
Published by Cambridge University Press in 2006, Economic Origins of Dictatorship and Democracy by Acemoglu and Robinson analyzes the creation and consolidation of democratic societies. They argue that "democracy consolidates when elites do not have strong incentive to overthrow it. These processes depend on (1) the strength of civil society, (2) the structure of political institutions, (3) the nature of political and economic crises, (4) the level of economic inequality, (5) the structure of the economy, and (6) the form and extent of globalization."
Romain Wacziarg praised the book and argued that the its substantive contribution is the theoretical fusion of the Marxist dialectical materialism ("institutional change results from distributional struggles between two distinct social groups, a rich ruling class and a poor majority, each of whose interests are shaped primarily by economic forces") and the ideas of Barry Weingast and Douglass North which argued that "institutional reform can be a way for the elite to credibly commit to future policies by delegating their enactment to interests that will not wish to reverse them." William Easterly called it "one of the most important contributions to the literature on the economics of democracy in a long time." Edward Glaeser described it "enormously significant" work and a "great contribution to the field."
Why Nations FailEdit
In his best known book, Why Nations Fail (2012), coauthored with Robinson, Acemoglu argues that political and economic institutions are the prime factor in economic success and that "development differences across countries are exclusively due to differences in political and economic institutions, and reject other theories that attribute some of the differences to culture, weather, geography or lack of knowledge about the best policies and practices." The book was written for the general audience. It was widely discussed by political analysts and commentators. Warren Bass wrote of it in the Washington Post: "bracing, garrulous, wildly ambitious and ultimately hopeful. It may, in fact, be a bit of a masterpiece."
Clive Crook wrote in Bloomberg News that the book deserves most of the "lavish praise" it received. In his review in Foreign Affairs Jeffrey Sachs criticized Acemoglu and Robinson for systematically ignoring factors such as domestic politic, geopolitics, technological discoveries, and natural resources. He also argued that the book's appeal was based on readers' desire to hear that "Western democracy pays off not only politically but also economically." Bill Gates called the book a "major disappointment" and characterized the authors' analysis as "vague and simplistic." Ryan Avent, an editor at the Economist, responded that "Acemoglu and Robinson might not be entirely right about why nations succeed or fail. But at least they're engaged with the right problem."
Journalists and economists describe Acemoglu as a centrist.[b] Paul Abrams noted that Why Nations Fail has been "lionized by liberal and conservative economists alike." Acemoglu's and Robinson's long-time collaborator Simon Johnson suggests that their "point is not just about how things may become awful when the government goes off track (a right-wing point). They are also more deeply concerned about how powerful people fight to grab control of the state and otherwise compete to exert influence over the rest of society (a left-wing perspective)." Acemoglu has praised the successes of the Progressive Era, the replication of which he sees as essential for the survival of the US as we know it. Johnson notes that he and Robinson see the era, "including the development of countervailing power for the government against powerful private business interests, as an essential part of what has gone right in the United States."
Acemoglu argues that the market economy is the only system that creates prosperity, and the "question is how to find the right balance between incentivizing creativity, hard work and risk-taking and creating the essential public services, social safety nets and equality of opportunity." He believes that markets work only with regulations and predictable laws and that all markets are regulated to some extent; it is only a matter of degree. He suggests that free markets are not unregulated markets. While he believes that property rights and private property are absolutely essential for prosperity, he has stated that "these things are very political and the politics shouldn’t be one-sided."
In September 2008 Acemoglu signed a petition condemning the Bush administration's bailout plan of the U.S. financial system. As the main cause of the 2008 financial crisis he stated that policy makers were "lured by ideological notions derived from Ayn Rand’s novels rather than economic theory" and opined that "In hindsight, we should not be surprised that unregulated profit-seeking individuals have taken risks from which they benefit and others lose." In an early analysis of the Great Recession, Acemoglu wrote: "When channeled into profit-maximizing, competitive, and innovative behavior under the auspices of sound laws and regulations, greed can act as the engine of innovation and economic growth. But when unchecked by the appropriate institutions and regulations, it will degenerate into rent-seeking, corruption, and crime." He suggests that progressive tax may reduce the rent-seeking activities of those at the top of the income bracket. According to him the U.S. financial system has become increasingly concentrated due its high profitability and investment in high-risk assets. He voices doubt about the effectiveness of the Dodd–Frank Act in preventing the next financial collapse if the financial system continues on its current trajectory, especially what he calls the bonus culture. He argues that the heavy overrepresentation from the financial sector in the top 1% "has been an outcome of the political processes that have removed all of the regulations in finance, and so created the platform for 40 percent of U.S. corporate profits to be in the financial sector." He argues that a platform, particularly in Wall Street, has been created "where the ambition and greed of people, often men, has been channeled in a very anti-social, selfish and socially destructive direction."
Acemoglu has voiced concerns regarding the increasing inequality in the United States, which, he argues, turns into political inequality which, in turn, undermines the inclusiveness of American institutions. In a 2012 interview Acemoglu identified societal polarization, caused by economic inequality, as the biggest problem for the United States. He argues that the political system is dominated by the wealthy, while the voices of ordinary Americans are not heard. According to him "democracy ceases to function because some people have so much money they command greater power." He and Robinson wrote in 2012 that "those who are further empowered politically will use this to gain a greater economic advantage by stacking the cards in their favor and increasing economic inequality yet further — a quintessential vicious circle." He states that he is comfortable with economic inequality which comes through different social contributions as it is a "price that we pay for providing incentives for people to contribute to prosperity." However, high levels of inequality creates problems as the rich who control significant portions of the societal resources use them to create an "unequal distribution of political power." He sees the solution in increasing social mobility by "providing an opportunity for the bottom to become rich, not forcing the rich to become poor."
He has praised the American tradition of vibrant protest movements dating back to Populists and Progressives. He has also praised Occupy Wall Street for "putting the question of inequality on the agenda, but also for actually standing up for political equality." He notes that Occupy Wall Street brought the 1% to the attention of the wider public, academic attention was brought by Tony Atkinson, Thomas Piketty, and Emmanuel Saez.
Social programs and policiesEdit
Acemoglu is in favor of raising and indexing the minimum wage. He argues that minimum wages and unemployment benefits "shift the composition of employment toward high-wage jobs. Because the composition of jobs in the laissez-faire equilibrium is inefficiently biased toward low-wage jobs, these labor market regulations increase average labor productivity and may improve welfare." Furthermore, he argues that "minimum wages can increase training of affected workers, by inducing firms to train their unskilled employees." When asked by Fast Company about universal basic income, he said “A more efficient and generous social safety net is needed. But [universal basic income] is expensive and not generous enough."
Acemoglu et al. found that "democracy has a significant and robust positive effect on GDP" and suggest that "democratizations increase GDP per capita by about 20% in the long run." They also found that "there is a significant and robust effect of democracy on tax revenues as a fraction of GDP, but no robust impact on inequality."
According to Acemoglu the three obstacles for economic growth under authoritarian regimes are the tendency of authoritarian regimes to become more authoritarian, their tendency to use power to halt "Schumpeterian creative destruction, which is key to sustaining growth" and the instability and uncertainty caused by internal conflicts. Authoritarian countries are, by definition, extractive. He believes that Saudi Arabia would be like a poor African country without the oil, while the "only thing that is keeping [Russia] going is a big boom in natural resources and a clever handling of the media."
He believes that China has managed to achieve significant economic growth because it "sort of picked up the low hanging fruit from the world technology frontier, but that sort of growth is not going to last until China goes to the next step, which is harnessing innovation," which he argues will be impossible "unless economic institutions become even more open and the extractive political institutions in China will be a barrier to that." He and Robinson wrote for the HuffPost that the "limited rights [China] affords its citizens places major restrictions on the country’s longer-term possibilities for prosperity."
Socialism, communism, and MarxismEdit
Acemoglu argues that the "track record of socialist countries to create prosperity has been pitiful." With Robinson, he argues that the Soviet Union and all of the other communist regimes were "extractive from the get-go [...] not only because they failed to provide economic incentives but also because they concentrated political power in the hands of a very narrow elite and backed it up with coercion and force." For them, "there should be no doubt that the political party and the institutions that Lenin started creating naturally led to Stalin’s dictatorship." In a review written with Robinson, he argues that Thomas Piketty and Karl Marx are "led astray" due to their disregard for "the key forces shaping how an economy functions: the endogenous evolution of technology and of the institutions and the political equilibrium that influence not only technology but also how markets function and how the gains from various different economic arrangements are distributed." He stated in an interview:
[factors other than capital and labor] are not an integral part of the main arguments of [Piketty's theory in Capital in the Twenty-First Century], in the same way that they weren't part of the main argument of Karl Marx's theory. At some level you can read Marx as a formulation of many important institutional dimensions of society. But when it comes to it, at the end, Marx's predictions are very much derived by abstracting from the various different effects of the institutional factors.
Acemoglu has argued that a "tradition of strong labor movement or social democratic party, by constraining the actions of the social planner, can act as a commitment device to egalitarianism, inducing an equilibrium in which the country in question becomes the beneficiary from the asymmetric world equilibrium." In other words, "domestic constraints from social democratic parties or unions may be beneficial for a country because they prevent cutthroat capitalism domestically, instead inducing other countries to play this role." Acemoglu and Philippe Aghion argued in 2001 that although deunionization in the US and UK since the 1980s is not the "underlying cause of the increase in inequality", it "amplifies the direct effect of skill-biased technical change by removing the wage compression imposed by unions."
In a 2012 paper titled "Can't We All Be More Like Scandinavians?", co-written with Robinson and Thierry Verdier, he suggests that "the more 'cutthroat' American society that makes possible the more 'cuddly' Scandinavian societies based on a comprehensive social safety net, the welfare state and more limited inequality." They concluded that "all countries may want to be like the 'Scandinavians' with a more extensive safety net and a more egalitarian structure," however, if the United States, the "cutthroat [capitalism] leader", the economic growth of the entire world would be reduced. He argued against the US adopting the Nordic model in a 2015 op-ed for the New York Times. He again argued, "If the US increased taxation to Denmark levels, it would reduce rewards for entrepreneurship, with negative consequences for growth and prosperity." He also added:
All of this is not to say that there isn't much the U.S. can learn from Scandinavia, especially in alleviating and preventing poverty, in creating a level playing field for its citizens, and in achieving higher rates of social mobility. Some of the lessons the U.S. could learn might make innovation more inclusive, and consequently, even further propel the American economy. But when it comes to emulating Denmark or Scandinavia wholesale, Hillary Clinton put it best: "We are not Denmark.... We are the United States of America."
"The Colonial Origins of Comparative Development", co-written by Acemoglu, Robinson, Simon Johnson in 2001 is, by far, his most cited work. Graham Mallard described it as "excellent example of his work: an influential paper that has led to much debate." They argue that Europeans set up extractive institutions in colonies where they did not settle, unlike in places where they did settle and that these institutions have persisted. They estimated that "differences in institutions explain approximately three-quarters of the income per capita differences across from former colonies."
When asked about the poverty of black-majority countries, Acemoglu and Robinson responded:
The fact that nearly all countries which are headed by black people are poor is a coincidence. There is nothing intrinsic about black people that makes such countries poor. [...] Let’s focus just on Africa. Historically (before European influence), Africa developed extractive institutions for reasons that are not well understood. For instance, the fact that the construction of centralized states in Africa lagged behind Eurasia is not really understood. This history of extractive institutions then created a terrible vicious circle in the early modern period. First, the slave trade destroyed states and made economic institutions more extractive, and the poverty of Africa then allowed it to be colonized by Europeans. This left a legacy of extractive institutions with which African countries have been struggling since independence. But there is nothing inevitable in this process.
Acemoglu argued just before the 2016 presidential election that the Democratic Party "should seek a coalition that stands for the most vulnerable people in society" which, he believes, "could not stand by itself without the support of influential, well-off members of American society."
In an op-ed in Foreign Policy Acemoglu criticized President Donald Trump for sharing political goals and strategies of Hugo Chávez, Vladimir Putin, and Recep Tayyip Erdoğan such as "little respect for the rule of law or the independence of state institutions [...] a blurred vision of national and personal interests [...] little patience with criticism and a long-established strategy of rewarding loyalty, which can be seen in his high-level appointments to date. This is all topped by an unwavering belief in his abilities."
Acemoglu believes that nation-building by the West is no longer possible around the world because the West now lacks the resources and commitment that were present in post-World War II Germany and Japan and because countries where such work is required today (many in the Muslim- and Arab-majority countries) do not trust the West. He views the U.S. war on drugs as a "total and very costly failure" and supported the 2013 ballot referendum Colorado Amendment 64, a successful popular initiative that legalized the sale of recreational marijuana. According to him "it is clear that public schools are failing and alternatives are necessary." In a 2016 interview he opined that the US infrastructure is in a "pitiful state, with negative consequences for US economic growth."
In March 2011 Acemoglu was offered by Foreign Minister Ahmet Davutoğlu to become Turkey's permanent representative to the OECD in Paris, which he rejected in order to continue his academic career. It was seen in Armenia as a politically motivated move to earn "political dividends" on Armenian issues.
Acemoglu opined that the Republic of Turkey, formed in 1923 by Atatürk, "is very continuous with the Ottoman Empire." Although the shift from empire to republic brought some positive changes, he argues, the model was largely maintained by the reformers who took power, citing a persistent concentration of power and economic activity. He suggests that the Republican period has been characterized by an unwillingness to accept ethnic minorities.
Acemoglu has criticized Recep Tayyip Erdoğan and his government for its authoritarian rule. In a 2013 op-ed in the New York Times, following the crackdown of Gezi Park protests, Acemoglu wrote that "Even before the brutal suppression of the demonstrations, the belief that Turkey was on its way to becoming a mature democracy — a role model for the rest of the Middle East — had already become untenable." In a May 2014 op-ed Foreign Affairs Acemoglu wrote:
Turkey is in the middle of a difficult process of institutional rebalancing, in which key political and social institutions have been shifting their allegiances away from the military and the large urban-based economic interests that have long dominated Turkish politics. [...] In other words, Erdogan’s drift from democracy is a lamentable, but almost predictable, stage of Turkey’s democratic transition. If Turkey is to eventually become a democracy, there is no way to avoid the occasionally painful process of making the country's institutions more inclusive — a process that the country has shown no signs of abandoning.
Acemoglu, an ethnic Armenian, stated in a 2015 interview with the Armenian service of Voice of America, that he has always been interested in economic, political, and social developments in Armenia. Talking via video, Acemoglu partook in the Armenian Economic Association's annual conference in October 2013 held at the Yerevan State University, during which he argued that Armenia's problem is political, and not geographic, cultural, or geopolitical. He called for the Armenian government to be "more responsive to the wishes of its citizens so that through that political process Armenia ceases to be an oligarchy." In a September 2016 conference in Toronto Acemoglu criticized the Armenian diaspora for legitimizing the successive governments in Armenia, especially when the rights of its citizens are violated and a wrong economic and political line is being followed for the country. In an April 2017 conference held by the USC Institute of Armenian Studies Acemoglu stated while "Armenia could have looked much more like the Czech Republic or Estonia and what we got instead is a country that looks much more like Azerbaijan or Uzbekistan, which is a real shame." He suggested that in the immediate post-Soviet years Armenia was "stronger and it's been getting worse and worse." He criticized the level of corruption of the government, which has systematically closed the political system.
Following the 2018 Armenian revolution, Prime Minister-turned-opposition leader Nikol Pashinyan wrote on his Facebook page that Acemoglu told him that he is ready to help Armenia to "restore and develop" its economy.
Acemoglu argued that the Greek government-debt crisis was caused by the "terrible state of Greek institutions, and the clientelistic nature of its politics" and that the country's problems are "political not just macroeconomic." He identified lack of political integration within the EU as Greece's problem and that "the only way forward for Europe is to have greater fiscal and banking integration or to abandon monetary integration." He criticized the policies of Syriza and stated that it is "unclear whether default will help." On the 2015 bailout referendum, Acemoglu argued that "Greece may be better off without the euro but political risks, especially with current government, would be great, so a 'no' [vote] is very risky."
In an op-ed for the Globe and Mail following the 2014 Ukrainian revolution, Acemoglu advocated Ukraine "to break with its past as quickly as possibly. It needs to move away from Russia, politically and economically, even if that means an end to the natural-gas subsidies Russia has used to keep it in the position of a client state. Even more important is for Ukraine’s leaders to spread political power and economic benefits to the maximum number of its people, including Russian speakers."
According to data collected by IDEAS/RePEc, Acemoglu was the most cited economist of the decade leading to 2015. According to Google Scholar his works (including co-authored works) have been cited nearly 110,100 times as of February 2018. He was listed 88th in Foreign Policy's 2010 list of Top 100 Global Thinkers "for showing that freedom is about more than markets." In a 2011 survey of 299 economics professors in the U.S. Acemoglu ranked third, behind Paul Krugman and Greg Mankiw, in the list of "Favorite Living Economists Under Age 60".
Francis Fukuyama has described Acemoglu and his long-time collaborator James A. Robinson as "two of the world's leading experts on development." Clement Douglas wrote in the Federal Reserve Bank of Minneapolis publication that the "scope, depth and sheer volume of [his] scholarship are nothing short of breathtaking, verging on implausible." Arnold Kling called him a wunderkind due to his age of receiving a PhD; he became a Doctor at 25. Angus Deaton called him a "young superstar" and noted that Acemoglu is "a very good example of the way things ought to be going, which is you do history but you know enough mathematics to be able to model it too." Robert Shimer wrote, "His unparalleled combination of originality, thoroughness, and prolificacy has propelled him to the frontier of each field that he has explored." Adam Davidson noted in 2012, the year Why Nations Fail was published, that Acemoglu "is about as hot as economists get." Michael Mandel identified him in 2009 as a leader of innovation economics.
- Economics awards
- John Bates Clark Medal (2005) by the American Economic Association
- John von Neumann Award (2007) by Rajk László College for Advanced Studies
- Erwin Plein Nemmers Prize in Economics (2012) by Northwestern University "for fundamental contributions to the understanding of political institutions, technical change and economic growth"
- BBVA Foundation Frontiers of Knowledge Award (2016) "for proving the influence of institutions over economic development"
- State orders and awards
- Presidential Culture and Arts Grand Award in Social Sciences (2013) by Turkish President Abdullah Gül
- Honorary degrees
Acemoglu has been awarded honorary degrees from the following universities: Utrecht University (2008), Bilkent University (2015), University of Bath (2017), Boğaziçi University, University of Athens.
- Acemoglu, Daron; Robinson, James A. (2006). Economic Origins of Dictatorship and Democracy. Cambridge University Press. ISBN 9780521855266.
- Acemoglu, Daron (2008). Introduction to Modern Economic Growth. Princeton University Press. ISBN 9781400835775.
- Acemoglu, Daron; Robinson, James A. (2012). Why Nations Fail. Crown Business. ISBN 0307719219.
- Western Armenian: Տարօն Աճէմօղլու. Acemoğlu is the Turkified version of the Armenian last name Աճէմեան, Ajemian. Its root derives from the Arabic term ajam, used for non-Arabs, especially Persians. Most Armenians changed their last names due to the 1934 Surname Law. His first name is the Western Armenian version of Taron, a male given name from a historic region.
- "...the middle-of-the-roaders Daron Acemoglu and James Robinson..."
"Daron Acemoglu, a more centrist economist at MIT..."
"...Acemoglu, who aligns more with the center than with the populists."
- "Curriculum Vitae Daron Acemoglu". economics.mit.edu. Massachusetts Institute of Technology. (archived)
- Dzionek-Kozłowska, Joanna; Matera, Rafał (October 2015). "New Institutional Economics' Perspective on Wealth and Poverty of Nations. Concise Review and General Remarks on Acemoglu and James A. Robinson's Concept". Annals of the Alexandru Ioan Cuza University – Economics. Alexandru Ioan Cuza University. 62 (1). doi:10.1515/aicue-2015-0032.
- Keefer, Philip; Knack, Stephen (2005). "Social capital, social norms and the New Institutional Economics". Handbook of New Institutional Economics. pp. 700–725.
- "Introductory Reading List: New Institutional Economics". Ronald Coase Institute.
- "Daron Kamer Acemoglu". genealogy.ams.org. Mathematics Genealogy Project (Department of Mathematics, North Dakota State University). Archived from the original on 2017-11-08.
- Why Nations Fail, "Acknowledgments", p. 209 "Two people played a particularly significant role in shaping our views and encouraging our research, and we would like to take this opportunity to express our intellectual debt and our sincere gratitude to them: Joel Mokyr, and Ken Sokoloff...
- Wilkinson, Will (10 May 2016). "The Great Enrochment and Social Justice". Niskanen Center.
Douglass North and his followers, such as Daron Acemoglu and James Robinson...
- Dewan, Torun; Shepsle, Kenneth A. (July 2008). "Recent Economic Perspectives on Political Economy, Part II". British Journal of Political Science. 38 (3): 563. doi:10.1017/S0007123408000276.
...Seymour Martin Lipset and Barrington Moore, for example, have clearly influenced Acemoglu and Robinson and other contributors to the literature on redistribution...
- "Arşaluys Acemoğlu". Milliyet (in Turkish). 14 May 1985. Archived from the original on 13 October 2017.
...Kevork ve İrma Acemoğulları...Kamer Daron Acemoğlu...
- Acemoglu, Kamer Daron (1992). "Essays in microfoundations of macroeconomics : contracts and macroeconomic performance". British Library Board. Archived from the original on 13 October 2017.
- "Աճեմօղլու արաջին դիրքի վրայ". Jamanak (in Armenian). 31 July 2015.
- "Տարօն Աճէմօղլու Ստացաւ "Կալաթասարայ" Մրցանակը". Asbarez (in Armenian). 28 June 2012.
- Sorman, Guy (2013). Economics Does Not Lie: A Defense of the Free Market in a Time of Crisis. Encounter Books. p. 31. ISBN 978-1594032547.
...Daron Acemoğlu, an Armenian from Turkey...
- "Istanbul-born MIT professor named world's most influential economist". Hürriyet Daily News. 31 July 2015. (PDF version)
- "Daron Acemoğlu, dünyanın en önemli 10 iktisatçısından biri". Agos (in Turkish). 28 October 2013. Archived from the original on 8 September 2017.
- "Daron Acemoglu Named Most Influential Economist". Armenian Weekly. 7 August 2015. (archived PDF)
- Gavin, Robert (15 June 2005). "MIT professor named top economist under 40". The Boston Globe. (archived)
- Tarjimanyan, Arman (2 April 2015). "Տարոն Աճեմօղլու. "Արտագաղթը սարսափելի վտանգ է Հայաստանի համար"". azatutyun.am (in Armenian). Radio Free Europe/Radio Liberty Armenian Service.
- "Prominent Armenian economist wins Galatasaray award". PanARMENIAN.Net. 2 December 2011.
- "Faculty & Research: Daron Acemoglu". mit.edu. Archived from the original on 9 September 2017.
- Shimer 2007, p. 191.
- "Daron Acemoglu". BBVA Foundation Frontiers of Knowledge Award. 2016. Archived from the original on 2017-11-04. (, )
- Examples of Acemoglu speaking Turkish:
- ""Özgürlük ve Ekonomik Büyüme: Daron Acemoğlu ve Gönenç Gürkaynak Konferansı"" (in Turkish). 19 December 2014.
- "CEO Club Toplantısı – Daron Acemoğlu "Global Ekonomi 2016"" (in Turkish). Capital Dergisi. 15 April 2016.
- Hardesty, Larry (18 June 2013). "Gaming the System". MIT Technology Review.
...Ozdaglar and her husband, the MIT economist Daron Acemoglu...
- "Manisalı Eski Bakanın Kızı, Dünyanın En İyi Mühendisi Seçildi". Haberler.com (in Turkish). 8 April 2008.
- "Asuman Ozdaglar". National Bureau of Economic Research.
- "Asuman Ozdaglar". Google Scholar.
- "Political Institutions and Comparative Development". nber.org. National Bureau of Economic Research. Archived from the original on 15 September 2017.
- Willson, Simon (March 2010). "Breacher of the Peace". Finance & Development. International Monetary Fund. 47 (1): 1–4. (PDF version)
- Mallard, Graham (2012). The Economics Companion. Palgrave Macmillan. p. 265. ISBN 9780230356450.
- Bingham, Emma (2 June 2016). "MIT's highest pay goes to administrators, MITIMCo leadership". The Tech. Archived from the original on 17 September 2017.
- "Daron Acemoglu". nber.org. National Bureau of Economic Research.
- "Daron Acemoglu". cifar.ca.
- "Past Editors and Co-editors of Econometrica". econometricsociety.org. Econometric Society. Archived from the original on 2016-11-30.
- Shimer 2007, pp. 199–200.
- "Daron Acemoglu". cifar.ca. Canadian Institute for Advanced Research.
- Clement, Douglas (27 September 2011). "Interview with Daron Acemoglu". Federal Reserve Bank of Minneapolis. (archived)
- Johnson, Simon (8 March 2012). "The Koch Brothers, the Cato Institute and Why Nations Fail". The New York Times.
- "Economic Origins of Dictatorship and Democracy". Cambridge University Press.
- Wacziarg, Romain (15 September 2006). "Determinants of Democratization". Science. 313 (5793): 1576–1577. doi:10.1126/science.1131936. JSTOR 20031295.
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...extractive, authoritarian political institutions...
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