Summary: Daron Acemoglu, the Elizabeth and James Killian Professor of Economics at the Massachusetts Institute of Technology, delivers the annual Cornelson Distinguished Lecture in Economics. Professor Acemoglu was awarded the John Bates Clark Medal in 2005 as best economist under age 40, and was named one of Foreign Policy magazine’s “100 Global Thinkers for 2012.” He is co-author of the bestseller, Why Nations Fail: The Origins of Power, Prosperity, and Poverty, which explores why some nations prosper and others fail, and concludes that man-made political and economic institutions underlie economic success.
