Lavin Speaker Daron Acemoglu Awarded MIT’s Highest Faculty Honor
Economist Daron Acemoglu has produced influential research in government, innovation, labor, and globalization. Thanks to his groundbreaking contributions to the field, this year Acemoglu has been named Institute Professor, the highest faculty honor awarded by MIT.
Daron Acemoglu has spent over 25 years at MIT grappling with large and complex economic questions. Over the course of his tenure, he has been recognized as one of the most “dedicated teachers and mentors in his department,” and his research has had a significant impact on diverse areas of his field—from labor economies to public institutions, democracy, and economic growth. Acemoglu has authored or co-authored more than 120 peer-reviewed papers on these topics, and is gearing up for the release of his fifth book, The Narrow Corridor, which will be published in September.
“As an Institute Professor, Daron Acemoglu embodies the essence of MIT: boldness, rigor and real-world impact,” said MIT’s President L. Rafael Rief. “From the John Bates Clark Medal to his decades of pioneering contributions to the literature, Daron has built an exceptional record of academic accomplishment. And because he has focused his creativity on broad, deep questions around the practical fate of nations, communities, and workers, his work will be essential to making a better world in our time.”
Acemoglu is one of two MIT professors to earn the distinction in 2019, and one of twelve Institute Professors in total. Acemoglu, and his colleague political scientist Suzanne Berger, are the first appointees of the title since 2015.
“MIT is a very down-to-earth, scientific, no-nonsense environment, and the economics department here has been very open-minded, in an age when economics is more relevant than ever but also in the midst of a deep transformation,” Acemoglu said. “I’ve spent [...] my career at MIT and this is a recognition that makes me humbled and happy.”