Daron Acemoglu
Daron Acemoglu 
| |
|---|---|
| Birthplace | Istanbul |
| Birth date | 3 September 1967 |
| Lived in | Istanbul, Cambridge |
| Education | London School of Economics, University of York |
| Profession | Economist |
| Positions | Professor |
| Languages | Armenian, English, Turkish |
| Ethnicities | Armenian |
| Dialects | Western Armenian |
Daron Acemoglu, an ethnic Armenian, is a professor at Massachusetts Institute of Technology. Acemoglu came to MIT in 1993 and received his PhD from the London School of Economics. He was promoted to full professor in 2000, and was named the Charles P. Kindleberger Professor of Applied Economics in 2004.
In 2005 Acemoglu received the John Bates Clark medal. It is awarded every other year by The American Economic Association to the nation's top economist under the age of 40 for making a significant contribution to economic thought and knowledge.
The American Economic Association, cited Acemoglu, 37, by the year 2005, for his "valuable contributions to several distinct fields, starting with labor economics and successively moving to macroeconomics, institutional economics and political economy."
By the year 2005, Acemoglu's most recent work has focused on the role of political institutions in economic development. His work explored the links among political structure, legal and market institutions, and a nation's long-run rate of economic growth. It took into account the differing effects of institutions established by colonial powers in North America, South America, and Africa on economic development in countries in those regions.
By the year 2005, he was the fifth current member of the Economics Department to receive the Clark Medal. The Clark Medal, eminent in its own right, has proven a predictor of future Nobel laureates: of the 29 Clark medalists, 11 have gone on to win the Nobel.