How is Acemoglu's view on market economy categorized?
Left-wing
Right-wing
Centrist
Libertarian
Answer
Acemoglu's perspective on the market economy can be categorized as centrist, representing a middle ground between the extremes of free-market capitalism and government-controlled economies. He advocates for a mixed economy, where the market plays a significant role but with strategic state intervention to correct market failures, regulate monopolies, and promote social welfare.
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Which established position does Acemoglu hold at MIT?
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