Starting with an overview of Modigliani's life, the authors explain and assess his influential theories, including his theory of the life-cycle hypothesis of saving; the famous Modigliani-Miller theorem in corporate finance; stabilisation policy; econometric model building and forecasting, and his legacy and influence on contemporary economics.
Economics for Alfred Marshall, the last of the classical economists, is concerned with activities in the ordinary business of life. Economic Ironies Throughout History explores, explains, predicts, and harnesses these ironies for economists and scholars alike.
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