Top 8 Quotes & Sayings by Franco Modigliani

Explore popular quotes and sayings by an Italian economist Franco Modigliani.

Last updated on April 14, 2025.

Franco Modigliani was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon University, and MIT Sloan School of Management.

Italian - Economist | June 18, 1918 - September 25, 2003

Source: Wikipedia

With the danger of war, there is a danger that the economy will go down.

Franco Modigliani

Economists agree about economics - and that's a science - and they disagree about economic policy because that's a value judgment... I've had profound disagreements on policy with the famous Milton Friedman. But, on economics, we agree.

Franco Modigliani

The immediate effect of the deficit is to make you feel good, like when you go on a trip and pay later. You feel good, and then you get a hangover. The deficit makes you feel good - until you pay later.

Franco Modigliani

People confuse economists and economic policy.

Franco Modigliani

I am a believer in cooperation.

Franco Modigliani

Is it important that the rent of land be retained as a source of government revenue. Some persons who could make excellent use of land would be unable to raise money for the purchase price. Collecting rent annually provides access to land for persons with limited access to credit.

Franco Modigliani

A situation where people can grow old without having a job that rewards them individually while adding to the collective well-being is morally unacceptable.

Franco Modigliani

High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things. It has no margin for error and less margin for additional risk.

Franco Modigliani

Top 8 Quotes & Sayings by Franco Modigliani

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