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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."

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"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."

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Asa Don Brown

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

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Asa Don Brown

"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."

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Asa Don Brown

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

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Asa Don Brown

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."

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Asa Don Brown

"Not every single broke and unemployed person needs a job, some need customers."

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Asa Don Brown

"A reputation for money is almost as negotiable as money itself."

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Asa Don Brown

"Capitalism is the most powerful tool for positive social change."

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Asa Don Brown

"Market economy favors the have against the have not."

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Asa Don Brown

"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."

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Asa Don Brown

"In two years, we have managed to overcome the odds and register an impressive economic performance."

Explore more quotes by Merton Miller

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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."
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Merton Miller
"So everybody has some information. The function of the markets is to aggregate that information, evaluate it, and get it incorporated into prices."
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Merton Miller
"Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm."
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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."
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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."
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Merton Miller
"Arbitrage proof has since been widely used throughout finance and economics."
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Merton Miller
"I was born in Boston, Massachusetts on May 16, 1923, the only child of Joel and Sylvia Miller."
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Merton Miller
"You only need to make one big score in finance to be a hero forever."
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Merton Miller
"I can't speak for them, of course, but I believe that most economists would accept the view that, while you sometimes can make a score by sheer luck, you can't do it constantly, unless you're willing to put the resources in."
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Merton Miller
"But in practice, if often comes down to not suffering a loss as big as the huge gain you made a while ago."
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