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Acemoglu: Donald Trump and the Former Zimbabwean Dictator

Summary by Portfolio
Robert Mugabe used his Zimbabwean lottery jackpot in 2000 to demonstrate his personal power by dismantling restrictive institutions. Trump’s two recent decisions—the US-Israeli military action against Iran and the move against the AI company Anthropic—are similar in that they serve to demonstrate unlimited power.
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Acemoglu: Donald Trump and the Former Zimbabwean Dictator

Robert Mugabe used his Zimbabwean lottery jackpot in 2000 to demonstrate his personal power by dismantling restrictive institutions. Trump’s two recent decisions—the US-Israeli military action against Iran and the move against the AI company Anthropic—are similar in that they serve to demonstrate unlimited power.

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Portfolio broke the news in on Wednesday, March 4, 2026.
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