Daron Acemoglu was just awarded the 2024 Nobel Prize in economics. Earlier this year, he and Steve talked about his groundbreaking research on what makes countries succeed or fail. SOURCES: Daron Acemoglu , professor of economics at the Massachusetts Institute of Technology. RESOURCES: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024 . Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity , by Daron Acemoglu and Simon Johnson (2023). " Economists Pin More Blame on Tech for Rising Inequality ," by Steve Lohr ( The New York Times, 2022). " America’s Slow-Motion Wage Crisis: Four Decades of Slow and Unequal Growth ," by John Schmitt, Elise Gould, and Josh Bivens ( Economic Policy Institute, 2018). " A Machine That Made Stockings Helped Kick Off the Industrial Revolution ," by Sarah Laskow ( Atlas Obscura, 2017). " The Long-Term Jobs Killer Is Not China. It’s Automation ," by Claire Cain Miller ( The New York Times, 2016). Why Nations Fail: The Origins of Power, Prosperity, and Poverty , by Daron Acemoglu and James A. Robinson (2012). " The Colonial Origins of Comparative Development: An Empirical Investigation ," by Daron Acemoglu, Simon Johnson, and James A. Robinson ( American Economic Review, 2001). " Learning about Others' Actions and the Investment Accelerator ," by Daron Acemoglu ( The Economic Journal, 1993). " A Friedman Doctrine — The Social Responsibility of Business Is to Increase Its Profits ," by Milton Friedman ( The New York Times, 1970). EXTRAS: " What’s Impacting American Workers? " by People I (Mostly) Admire (2024). " 'My God, This Is a Transformative Power ,'" by People I (Mostly) Admire (2023). " New Technologies Always Scare Us. Is A.I. Any Different? " by Freakonomics Radio (2023). " How to Prevent Another Great Depression ," by Freakonomics Radio (2020). " Is Income Inequality Inevitable? " by Freakonomics Radio (2017). Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
