Daron Acemoglu, a renowned economist and winner of the Nobel Prize, has been making waves in the world of social science with his groundbreaking research and innovative ideas. His contributions to the field have earned him the title of one of the “World’s Top Thinkers” by the popular press. And now, he is set to receive yet another prestigious award – the 2025 Sage-CASBS Award.
The Sage-CASBS Award, established in 1984, is given to individuals who have made significant contributions to the social and behavioral sciences. It is a joint initiative of the Center for Advanced Study in the Behavioral Sciences (CASBS) and SAGE Publishing, a leading academic publisher. The award recognizes individuals who have made a lasting impact on society through their research and scholarship.
Daron Acemoglu, a professor of economics at the Massachusetts Institute of Technology (MIT), has been selected as the recipient of the 2025 Sage-CASBS Award for his groundbreaking work in the field of economics. His research has focused on the role of institutions in economic development and the impact of political institutions on economic outcomes. His work has not only advanced our understanding of economics but has also had a significant impact on policy-making and decision-making at the highest levels.
Acemoglu’s research has challenged traditional economic theories and has provided new insights into the factors that drive economic growth and development. His work has shown that institutions, such as property rights, rule of law, and political stability, play a crucial role in promoting economic prosperity. He has also highlighted the importance of inclusive institutions that provide equal opportunities for all individuals, regardless of their background or social status.
One of Acemoglu’s most influential works is his book “Why Nations Fail: The Origins of Power, Prosperity, and Poverty”, co-authored with James A. Robinson. The book, which has been translated into over 30 languages, has been hailed as a modern classic and has been widely praised for its groundbreaking insights into the role of institutions in economic development. It has also been listed as one of the top 10 books of the decade by the Financial Times.
In addition to his research, Acemoglu has also been actively involved in policy-making and has advised governments and international organizations on economic issues. His work has had a significant impact on policy decisions, particularly in developing countries, where his research has helped to shape economic policies that promote inclusive growth and development.
The Sage-CASBS Award is a testament to Acemoglu’s outstanding contributions to the field of economics and his dedication to advancing our understanding of the complex relationship between institutions and economic outcomes. His work has not only had a profound impact on the field of economics but has also had a lasting impact on society, making him a deserving recipient of this prestigious award.
Upon receiving news of the award, Acemoglu expressed his gratitude and stated, “I am deeply honored to receive the 2025 Sage-CASBS Award. It is a recognition of the importance of understanding the role of institutions in shaping economic outcomes and the need for inclusive institutions that promote equal opportunities for all individuals. I am grateful to CASBS and SAGE Publishing for this recognition and for their continued support of social and behavioral sciences.”
The 2025 Sage-CASBS Award will be presented to Acemoglu at a ceremony to be held at the CASBS campus in Stanford, California. The event will bring together leading scholars, policymakers, and members of the academic community to celebrate Acemoglu’s achievements and to discuss the future of social and behavioral sciences.
In conclusion, Daron Acemoglu’s selection as the recipient of the 2025 Sage-CASBS Award is a testament to his groundbreaking research and his dedication to advancing our understanding of economics and institutions. His work has had a profound impact on the field of economics and has helped to shape policies that promote inclusive growth and development. We congratulate Acemoglu on this well-deserved recognition and look forward to his future contributions to the field of social science.
