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People I (Mostly) Admire

124. Daron Acemoglu on Economics, Politics, and Power

People I (Mostly) Admire

Freakonomics Radio + Stitcher

Society & Culture

4.61.9K Ratings

🗓️ 3 February 2024

⏱️ 45 minutes

🧾️ Download transcript

Summary

Economist Daron Acemoglu likes to tackle big questions. He tells Steve how colonialism still affects us today, who benefits from new technology, and why democracy wasn’t always a sure thing.

Transcript

Click on a timestamp to play from that location

0:00.0

My guest today, Diron Asamogl is a professor of economics at MIT and co-author of a number of influential books written for a popular audience, including why nations fail and power and progress.

0:16.0

He is also, without a doubt, one of the greatest economists I have ever met.

0:21.9

Historical processes really shape economic relations and we cannot understand the

0:27.1

economy today without understanding where we're coming from in terms of history.

0:38.0

Welcome to people I mostly admire with Steve Lovett.

0:45.0

Drone tackles huge questions at the intersection of politics and economics. Why are some countries rich and others poor?

0:48.0

How does democracy take hold and what factors allow it to survive?

0:52.0

Who benefits and who

0:53.1

losers allow it to survive.

0:55.0

I've left every conversation I've ever had with the run

0:59.0

amazed by his insight into how the world works.

1:02.0

I hope that's true again today.

1:04.0

I want to talk about your

1:15.0

public-facing work, they probably have no idea about what a giant you are within academics.

1:22.0

So let's start with citations of your work. That's one of the most commonly used

1:26.8

metrics of a scholar's impact. I looked this up yesterday because I knew we'd be talking. You have 226,000 citations according to Google Scholar.

1:38.0

And when I saw that number, I practically fell out of my chair.

1:42.6

Wow!

1:43.6

For purposes of comparison, I looked up my own citation numbers and I've had a pretty good academic

1:49.6

career.

1:50.6

We had the exact same age and you have more than five times as many citations as I do.

1:56.0

In fact, I think you are the most cited economist in the world over the last two decades.

...

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