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Adventures of an Economist, by Franco Modigliani
Download PDF Adventures of an Economist, by Franco Modigliani
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Adventures of an Economist is both an autobiography and an uncommon opportunity to share the thinking of one of the world's most brilliant and influential economists. Franco Modigliani takes the reader on a journey from his childhood in Rome through Fascism, his flight from Nazism, and his arrival in the United States.
- Sales Rank: #1794405 in Books
- Brand: Brand: Texere
- Published on: 2001-07-14
- Original language: English
- Number of items: 1
- Dimensions: 1.09" h x 6.46" w x 9.24" l, 1.10 pounds
- Binding: Hardcover
- 287 pages
- Used Book in Good Condition
About the Author
Franco earned his Ph.D. from the New School University and became a long-standing professor at MIT. He won the Nobel Prize for Economics in 1985 and lives with his wife in Cambridge, Mass.
Most helpful customer reviews
2 of 5 people found the following review helpful.
Interesting view into a prominent economist's career
By M. Zobian
For anyone who'd like to know what the professional life of an acclaimed economist is like, this is a great book. But two things will surprise you. First, Modigliani had an extremely poor grasp of the importance of free markets. Much of his railings against Italy's over-regulated economy were, you quickly gleam from the book, based on his opinion that it wasn't being over-regulated properly. (!!!) Secondly, he apparently never bothered to have someone edit the book. Typos, grammer mistakes and missing graphs abound, to the point where you wonder how in the world the book got published.
I wouldn't recommend the book unless you are specifically looking for works on Modigliani's economics, or are generally curious about the career of a Nobel economist.
0 of 0 people found the following review helpful.
To see an accurately edited version of his IS-LM presentation
By Leif Wennerberg
An original version of the book's discussion of the IS-LM model is available online, without the disappointing, repeated errors that scar the book's version:
Modigliani, Franco, "THE KEYNESIAN GOSPEL ACCORDING TO MODIGLIANI", The American Economist 47, no. 1 (Spring 2003), 3–24.
I have extracted it from an online pdf of "THE COLLECTED PAPERS OF FRANCO MODIGLIANI VOLUME 6" and posted it on www.dropbox.com/...:
.../s/wn7ucg2l8lxcmkd/Modigliani03.The%20Keynesian%20Gospel%20According%20to%20Modigliani.AmEconomist.47.v1.pp3-24.pdf?dl=0
1 of 3 people found the following review helpful.
SCIENTIFIC BIOGRAPHY OF A GREAT ECONOMIST
By Denis Benchimol Minev
Franco Modigliani is definitely among the handful of top economists of the 20th century. This book is his autobiography in which he not only describes the events that shaped his very interesting life, but also describes in detail the fundametals of the theories that eventually led him to receive the Nobel prize.
He is well known for two ideas, the lifetime cycle of savings and the Modigliani-Miller finance theorem. Both are described in depth in the book in a simple enough way that someone with only a basic knowledge of economics will be able to understand. He also makes good arguments for the Keynesian economics camp, versus the classical economics of the Chicago school. Either of his two ideas would likely be enough for the Nobel.
His is a inspiring tale of an escapee from fascist Italy who accomplishes much in his new land, the US. Modigliani is torn between his homeland, Italy, and his adopted land, the US. He has maintained close ties with Italy, devoting much of the book to describe his involvement in Italian economics and a bit of politics. He also focuses on his love for America and the lasting impressions of his welcome in the country had in his life, research, and philosophy.
To any economist, Modigliani should be a well known household name; his autobiography is a precious document that ought to remind economists what economics is all about, namely making the world a better place.
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