Word: modiglianis
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Dates: during 1990-1990
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Miller, 67, focused on corporate finance. In a 1958 paper that Miller co- wrote with Franco Modigliani, the 1985 Economics laureate, the two men showed that the overall value of a company was based on the cash flow that the firm generated. As the overleveraged 1980s have painfully borne out, companies with poor cash flow tend to wind up in bankruptcy...
...They should stop giving us misleading figures," said Franco Modigliani, who won the Nobel in 1985 for his analysis of savings and financial markets. The government is on the whole no more inefficient than it was six years ago. These shotgun figures are just designed to mislead...
...Modigliani, with Wellesley College economist Carolyn Shaw Bell and Robert Reich, a political economist at Harvard University's John F. Kennedy School of Government, charged CLT with twisting statistics to serve their cause during a news conference yesterday at the Massachusetts Institute of Technology...
...worked initially in collaboration with 1985 economics prize-winner Franco Modigliani of the United States...