Franco modigliani biography for kids

Franco Modigliani (1918 - 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics.

Franco modigliani biography for kids

He was a professor at University of Illinois at Urbana–Champaign, Carnegie Mellon University, and MIT Sloan School of Management.

Early life and education

Modigliani was born on 18 June 1918, in Rome, Italy, to the Jewish Italian family of a pediatrician father and a voluntary social worker mother.

He entered university at the age of seventeen, enrolling in the faculty of Law at the Sapienza University of Rome.

In his second year at Sapienza, his submission to a nationwide contest in economics sponsored by the official student organization of the state, won first prize and Modigliani received an award from the hand of Benito Mussolini.

He wrote several essays for the fascist magazine "The State", where he showed an inclination for the fascist ideological currents critical of liberalism. Among his early works in fasc