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His Life Institute Professor Emeritus and MIT Sloan Senior Lecturer Franco Modigliani died Sept. 25, 2003, at his home in Cambridge, Mass. Hailed as "a giant among economists" by MIT Sloan Dean Richard Schmalensee, Modigliani earned the 1985 Nobel Prize in Economic Sciences. - MIT Obituary - Obituary in The Boston Globe* - 1985 Nobel Prize in Economic Sciences * The Boston Globe obituary erroneously indicates that Prof. Modigliani shared the Nobel Prize with Richard Brumberg. While he was a student in the 1950s, Mr. Brumberg did collaborate with Prof. Modigliani on the life-cycle hypothesis, but he did not share the 1985 Nobel Prize Economic Sciences. |
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