Daron Acemoglu

Daron Acemoglu is a prominent economist known for his work on the role of institutions in economic development. He emphasizes how political and economic systems influence a country's prosperity and social inequality. Acemoglu argues that strong, inclusive institutions—like fair legal systems and accountable governance—enable growth and innovation, while extractive institutions can lead to stagnation and poverty. His influential book, "Why Nations Fail," explores these ideas and highlights the importance of policies that promote equality and opportunity in driving sustainable economic success.