Merton Miller
Merton Miller was an influential American economist and a Nobel Prize laureate recognized for his contributions to financial economics, particularly in the fields of corporate finance and investments. He is best known for the Miller-Modigliani theorem, which asserts that under certain market conditions, the value of a firm is unaffected by how it is financed. His insights into risk and return have had a lasting impact on both academic finance and practical investment strategies.
Born on May 16, 1923 (102 years old)
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Merton Miller, an economist from LTCM and Nobel laureate, is quoted in the article.
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