Arbitrage proof has since been widely used throughout finance and economics. – Merton Miller
You only need to make one big score in finance to be a hero forever. – Merton Miller
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I had some of the students in my finance class actually do some empirical work on capital structures, to see if we could find any obvious patterns in the data, but we couldnt see any. – Merton Miller
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My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury. – Merton Miller
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Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this countrys taxpayers now own the largest purveyor of sharia-compliant insurance products in the world: AIG. – Frank Gaffney
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