Professor Daron Acemoglu won the Nobel Prize!!

This year, Daron Acemoğlu, a well-known economist from Turkey, won the Nobel Prize in Economics. As a young student who is passionate about economics and also from Turkey, this event really inspired me. Acemoğlu's work focuses on why some countries succeed while others fail, which is something I've been curious about since reading his co-written bookWhy Nations Fail.

In the book, Acemoğlu explains that the success of nations isn’t just about geography or culture but about the institutions and politics in place. Strong, inclusive institutions help countries grow, while weak, extractive ones hold them back. This made me think about the importance of good governance and economic policies, not just for Turkey but for the entire world.

Here is a photo of the book from my family’s bookshelf—my mom, who is also an economics graduate, encouraged me to read it. I believe that by studying the ideas in this book and learning from people like Acemoğlu, I can better understand how economies work and how I might contribute to positive change in the future.