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Intellectuals & Academics » Economists » MERTON H. MILLER

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Full name : Merton H. Miller
Alias : Merton H. Miller
Gender : Men
Country : American
Birthday : 16-05-1923
Address : Boston
Animals : The Pig
Zodiac : Taurus
Died : 03-06-2000
Father : Joel Miller
Mother : Sylvia Miller
Siblings :
Wife : Eleanor Miller (d. 1969), Katherine Miller
Children :
Education :
Position :
Activists : Economists

Nobel Prize recipient Merton Howard Miller contributed immensely in economic science. In terms of work, his biggest achievement was the Modigliani-Miller theorem, which he developed with fellow professor Franco Modigliani. In this pioneering work, he proposed the irrelevance of debt-equity structure. One of the ‘defining beacons’ of modern finance, Miller was a staunch supporter of free markets. After graduating from Harvard University, Miller went on to work as an assistant lecturer in London School of Economics and Political Science. In the following years, he published his groundbreaking work called ‘Merton Miller on Derivatives’, where he shared his overview on derivatives. Before becoming a professor in Chicago’s leading business school, this famous economist acquired his Ph.D. in economics at the John Hopkins University. With more than 50 years of diverse and innovative research in the area of finance and financial economics, Miller has been a role model to students, practitioners of economics, finance and business, and policymakers for market regulation. To learn more about the works and life of Merton H. Miller, explore the biography below.

 

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