Starting with an overview of his Modigliani's life, the authors explain and assess his influential theories, including his theory of the life-cycle hypothesis of saving; the famous Modigliani-Miller theorem in corporate finance; stabilisation policy; econometric model building and forecasting, and his legacy and influence on contemporary economics.

'The publication of the first installments in Palgrave Macmillan's new series, "Great Thinkers in Economics," should be a major event for historians of economics.' - Roger Blackhouse, University of Birmingham

Foreword; R.Solow
Preface
Overview on Modigliani's Works
Modigliani's Early Life and Influences
Modigliani and Keynesian Economics
The Gospel of Keynesian Reality: Development and Application of Modigliani's Model, 1944-2003, The Realm of Stabilization Policies
The Life Cycle Hypothesis
Modigliani and Miller's (M&M) Hypothesis
Forecasting, The MPS Model
A Question of Identity
Selected Personal Vignettes

MICHAEL SZENBERG is Distinguished Professor of Economics at Pace University, USA, and Editor-in-Chief of The American Economist.

LALL RAMRATTAN is Instructor at the University of California at Berkeley, USA.