124. Daron Acemoglu on Economics, Politics, and Power
People I (Mostly) Admire
Freakonomics Radio + Stitcher
4.6 • 2K Ratings
🗓️ 3 February 2024
⏱️ 45 minutes
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| 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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