Liberalism cannot survive without shared prosperity: Wknd talks to Nobel-winning economist Daron Acemoglu
Much of his research sits at the intersection of economics, history and politics. Why do some nations prosper while others do not? How are institutions formed, what makes some of them “good”, and how do they affect prosperity?In 2024, he won a Nobel Prize, alongside fellow economists Simon Johnson and James A Robinson, for their work on how institutions shape prosperity, and how they in turn are shaped by the motives of those in power (motives that often involve profit).Their research took the s...