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Daron Acemoglu

Turkish-American economist (born 1967)

  • 25 min read
  • 7 chapters
Daron Acemoglu
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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 Research Papers in Economics (RePEc) data. According to the Open Syllabus Project, Acemoglu is the third most frequently cited author on college syllabi for economics courses after Mankiw and Krugman.

In 2024, Acemoglu, Simon Johnson, and James A. Robinson were awarded the Nobel Memorial Prize in Economic Sciences for their comparative studies in prosperity between states and empires. He is regarded as a centrist with a focus on institutions, poverty and econometrics.

Early and personal life

Kamer Daron Acemoğlu was born in Istanbul to Armenian parents on September 3, 1967. His father, Kevork Acemoglu (1938–1988), was a commercial lawyer and lecturer at Istanbul University. His mother, Irma Acemoglu (d. 1991), was a poet and the principal of Aramyan Uncuyan, an Armenian elementary school in Kadıköy, which he attended, before graduating from Galatasaray High School in 1986. He became interested in politics and economics as a teenager.

He was educated at the University of York, where he received a BA in economics in 1989, and at the London School of Economics (LSE), where he received an MSc in econometrics and mathematical economics in 1990, and a PhD in economics in 1992. His doctoral thesis was titled Essays in Microfoundations of Macroeconomics: Contracts and Economic Performance. His doctoral advisor was Kevin W. S. Roberts. 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." Arnold Kling called him a wunderkind due to the fact that he received his PhD by the time he was 25.

Acemoglu is a naturalized US citizen. He is fluent in English and Turkish, and speaks some Armenian. He is married to Asuman "Asu" Ozdağlar, a professor of electrical engineering and computer science at MIT, who is the 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.

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