The productivity boost that AI technology will generate is being overestimated, according to a new MIT study. AI-led US GDP growth in the next 10 years will rise just 0.93% to 1.16%, economist Daron ...
Born to Armenian parents in a middle-class family in Turkey in the late 1960s, Daron Acemoglu grew up during a tense period of political unrest and economic crises, and he would speculate why Turkey’s ...
Recently, the Nobel Prize in Economics was awarded to a trio of scholars for their research into “how institutions are formed and affect prosperity.” The prize was well deserved, but their theory is ...
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