American Experience
A Brilliant Madness: American Nobel Economists
Franco Modigliani

Modigliani fled Rome in August 1939, as war was breaking out in Europe. Working days in New York as a bookseller and studying nights at the New School for Social Research, he began his career in economics. He won the 1985 Nobel for his analysis of household saving, expressed in his "life cycle hypothesis," and for work on theorems used in corporate finance.

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