Daron Acemoglu, Institute Professor and the Elizabeth and James Killian Professor of Economics in MIT’s Faculty of Arts, Humanities, and Social Sciences, is the 2023 recipient of the WZB Berlin Social Science Heart’s A.SK Social Science Award, some of the extremely endowed worldwide awards within the social sciences.

Acemoglu acquired the award for “his vastly influential work on, amongst others, the decisive function of establishments in capitalist economies, on the forces of states and societies which should negotiate a steadiness so as to guarantee liberty, and on the makes use of and dangers of automation.” 

In asserting the award, the worldwide jury praised Acemoglu’s elementary contributions to labor economics, macroeconomics, and political financial system.

“As his analysis strikes throughout each political science and economics, Daron Acemoglu has change into a number one knowledgeable on the determinants of financial progress,” the worldwide jury wrote.

“I’m extremely honored and humbled to have been chosen because the recipient of the A.SK Social Science Award,” Acemoglu says. “The WZB has been unwavering in its help for and promotion of high-quality social science, and I contemplate myself fortunate and privileged to have been included of their illustrious roster of earlier recipients.”

Acemoglu started instructing at MIT in 1993, and has been honored all through his distinguished profession for his work in macroeconomics, political financial system, labor economics, improvement economics, and financial principle. Acemoglu co-leads the MIT Shaping the Way forward for Work Initiative, alongside MIT economists Professor David Autor and Professor Simon Johnson.

Earlier this 12 months, Acemoglu revealed “Energy and Progress: Our 1000-Yr Wrestle Over Expertise and Prosperity,” co-written with Simon Johnson. Acemoglu has warned of the potential social, financial, and political hurt of permitting AI to go unregulated.

The A.SK Social Science award is endowed with 100,000 euros. Acemoglu will obtain the award at a livestreamed ceremony in Berlin on Nov. 14.

Previous recipients of the award embrace MIT economist Esther Duflo, the Abdul Latif Jameel Professor of Poverty Alleviation and Improvement Economics within the Division of Economics, and a co-founder and co-director of the Abdul Latif Jameel Poverty Motion Lab (J-PAL), who acquired the consideration in 2015.