18 augusti. No amount of bad news could stop the stock market’s strongest run in more than 25 years. Acemoglu Why Nations Fail
The rise in the US is part of a broader global shift as investors demand more compensation to protect against the risk of persistently high inflation that’s likely to keep short-term interest rates elevated.
The movement is also being fueled by a ramp-up of corporate borrowing to fund the artificial-intelligence investment boom and waning demand from traditional buyers of long-dated bonds.
Global Bond Slump Sends Long-Term Borrowing Costs to Highest in Decades
RE: Det var den låga räntan tidigare, QE, som var onormal.
A bond bubble could be far more dangerous than an equity bubble.
Iran-Backed Houthis Threaten Coast Along Red Sea Chokepoint
The rebels have stepped up attacks near the Bab al-Mandeb Strait and shut down operations at a strategic seaport in recent days
US Stealth Bombers Strike Houthi Weapons Sites in Yemen
See How Europe’s Rivers Are Drying Up and Threatening Its Economy
Intense heat and lack of rain have driven water levels across the continent to record lows
Stockholmsbörsen går mot ännu en nedgångsdag i vad som kan bli den längsta nedgångssviten på 25 år.
DI 18 augusti 2026, 08:20
De asiatiska börserna sjunker på tisdagsmorgonen samtidigt som oljepriset stiger.
Stockholmsbörsen går mot fortsatta nedgångar.
18 augusti 2026, 06:43
AI-bolagen lyser rött när den amerikanska förhandeln drar igång.
Stockholmsbörsen hakar på nedåt till dagslägsta och fler svenska storbolag tyngs.
DI 18 augusti 2026, 10:49
Daron Acemoglu is revered. Why? The world’s most influential economist is oddly unconvincing.
In 2024 Daron Acemoglu of the Massachusetts Institute of Technology shared the Nobel prize in economics with Simon Johnson and James Robinson for work on how institutions shape prosperity.
His opinions carry great weight with other wonks and the media. Give an economist a few drinks, however, and some of them will venture their true opinions about this giant.
Start with his empirical methods. His Nobel rests heavily on a paper released in 2001 with Messrs Johnson and Robinson, which researchers have cited more than 23,000 times. It seeks to explain why some countries are rich and others poor.
Economists now take these results seriously but not literally.
After prodding and probing, a determined critic could find holes in almost any researcher’s work—and Mr Acemoglu is the biggest target in economics.
Yet fame-induced scrutiny cannot explain the second problem: that Mr Acemoglu’s ideas can seem underwhelming for a titan of social science.
His “unified theory of Trump”, for instance, asserts that the American president operates “by elevating executive power and destroying constraining institutions and norms”. Well, obviously.
More worrying is that his grand thesis of institutions may not reveal very much. Nations prosper when institutions are good, and stagnate when they are bad. True.
The Economist 17 August 2026
Daron Acemoglu, Professor of Economics at MIT, is co-author (with James A. Robinson) of Why Nations Fail
AI Can Only Do 5% of Jobs, Says MIT Economist Who Fears Crash
Daron Acemoglu doesn’t see how AI lives up to all the hype.
Kommentarer