Acemoglu receives John Bates Clark Medal.

• Position: Natioanl Bureau of Economic Research - Brief Article

NBER Research Associate Daron Acemoglu, a professor of economics at MIT, received the American Economics Association's John Bates Clark Medal this year. The award is given every two years to the economist under the age of 40 who has made the most substantial contribution to the field of economics.

Acemoglu is a member of the NBER's Programs on Labor Studies and on Economic Fluctuations and Growth. He received the medal for his work on how a nation's political and social institutions play a key role in guiding its economic destiny.

Acemoglu received his B.A. from the University of...