Quote of the day
What we observe is not nature itself but nature exposed to our method of questioning. Our scientific work in physics consists in asking questions about nature in the language that we possess and trying to get an answer from experiment by the means that are at our disposal.
Franco Modigliani
Born: June 18, 1918
Died: September 25, 2003 (aged 85)
Bio: Franco Modigliani was an Italian economist naturalized American, a professor at the MIT Sloan School of Management and MIT Department of Economics who won the Nobel Memorial Prize in Economics in 1985.
Known for:
- Rethinking pension reform
- Adventures of an Economist (2001)
- The Debate Over Stabilization Policy (1986)