“There’s nothing natural about 30-, 40-, 50- fold differences in income per capita in a globalised, connected world.” Daron Acemoglu, economic sciences laureate 2024, speaks about the root causes of persistent poverty among the poorest nations and how to build the types of inclusive institution that can support prosperity. In this conversation with the Nobel Prize’s Adam Smith, recorded shortly after the prize announcement, Acemoglu also highlights the importance of democracy and his fears regarding AI, and how its misuse could result in a two-tier society.

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