Tagged: modigliani-miller theorem

Franco Modigliani: Life-long Keynesian

  “Franco Modigliani could have been a multiple Nobel winner. When he died he was the greatest living macroeconomist. He revised Keynesian economics from its Model-T, Neanderthal, Great Depression model to its modern-day form” – Paul Samuelson Franco Modigliani was born in Rome, Italy, in 1918. He spent his childhood...