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124. Daron Acemoglu on Economics, Politics, and Power

People I (Mostly) Admire

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From Awkward Encounters to Economic Insights

This chapter shares a humorous recollection of an unconventional first meeting between two academics at MIT, highlighting their early careers and mutual admiration. The discussion expands to encompass the interplay of economics, politics, and the implications of policies like life insurance, particularly concerning suicide exclusions. Through personal anecdotes and listener inquiries, they explore how economic incentives shape behaviors and challenge conventional assumptions in the insurance industry.

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