My main interest, however, was in economics, not law.
More Quotes from Merton Miller:
Franco and I were both working on the problem, but from somewhat different perspectives - he from macroeconomics and me from corporate finance.Merton Miller
My research interests since then have shifted strongly towards the economic and regulatory problems of the financial services industry, and especially of the securities and options exchanges.
Merton Miller
As an economics undergraduate, I also worked on a part-time basis in Cambridge, Massachusetts, for a company that was advising customers about portfolio decisions, writing reports.
Merton Miller
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury.
Merton Miller
Arbitrage proof has since been widely used throughout finance and economics.
Merton Miller
What happened after publication of our paper was that, for the next 40 years, people said, all right, we now know the answer to the capital structure question under ideal conditions.
Merton Miller
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