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Daron Acemoglu is only 58. But for some time he has been the colossus of economics. He has written seven books, including a new one about democracy and the economic impact of AI. He is one of the economists most cited worldwide. Yet is Mr Acemoglu’s reputation at the very apex of the dismal profession justified? (This article is free to read even if you don’t subscribe to The Economist.)
Russia has a new target in Ukraine: its economy. Recently ballistic missiles have hit warehouses, distribution hubs and cargo ships. Unless Ukraine finds a reliable source of ballistic interceptors, its economy and military prospects will take a serious hit.
America recently swooped in to stabilise the yen, Japan’s currency. Was it right to intervene? And could Japan bring down the world economy? Henry Curr, Josh Roberts and Ethan Wu, three of our economics experts, discuss on Inside Economics at 6pm BST. |