Merton H. Miller, born in Boston, Massachusetts in 1923, was a renowned American economist who made groundbreaking contributions to financial economics. He earned a Nobel Prize in Economic Sciences in 1990 and is best known for the Modigliani-Miller theorem, which asserts that in a perfect market, the value of a company is unaffected by its capital structure. Miller's work influenced corporate finance, capital structure, and the understanding of risk in investment. He argued that the true value of a firm lies in its earnings potential rather than its financing choices. Miller passed away on June 3, 2000.
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Time Zone - America/New_York (4:0 W)
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Meaning of the name - Merton
from the hill by the sea
Read Full Merton Name AnalysisMay 16, 1923 Facts
Generation Group
Merton Miller belongs to the GI Generation group.
Place of Birth: Boston
Place of Death: Chicago
Educated At: Johns Hopkins University | Harvard University
Occupation: economist | writer
Employers: Carnegie Mellon University | London School of Economics and Political Science | University of Chicago
Awards Received: honorary doctorate of the Karlsruhe Institute of Technology | Fellow of the Econometric Society | Distinguished Fellow of the American Economic Association | Amundi Smith Breeden Prize | Prize in Economic Sciences in Memory of Alfred Nobel
Astrology Analysis
Note: This birth chart is calculated using the date and place of birth, with the time set to noon (12:00 PM) local time. While this provides accurate planetary positions for most celestial bodies, the Ascendant (Rising Sign) and house cusps are not calculated since they require precise birth time. For a complete astrological analysis including houses and rising sign, please provide the exact birth time.Ephemeris for May 16, 1923
Note: Moon position is location and time sensitive.| Planet | Position (Tropical, Western) | Transits on May 16, 2026 | Secondary Progressions for May 16, 2026 |
|---|---|---|---|
| Sun | 24 Taurus 45 | 25 Taurus 48 | 3 Virgo 20 |
| Moon | 2 Gemini 52 | 23 Taurus 24 | 17 Pisces 28 |
| Mercury | 10 Gemini 51 | 28 Taurus 20 | 29 Virgo 41 |
| Venus | 24 Aries 3 | 27 Gemini 9 | 29 Leo 36 |
| Mars | 20 Gemini 35 | 28 Aries 17 | 27 Leo 13 |
| Jupiter | 12 Scorpio 22 | 21 Cancer 20 | 12 Scorpio 30 |
| Saturn | 14 Libra 50 | 10 Aries 42 | 17 Libra 51 |
| Uranus | 16 Pisces 59 | 1 Gemini 11 | 16 Pisces 4 |
| Neptune | 15 Leo 28 | 3 Aries 42 | 18 Leo 29 |
| Pluto | 9 Cancer 37 | 5 Aquarius 29 | 11 Cancer 57 |
| Rahu | 17 Virgo 9 | 4 Pisces 59 | 11 Virgo 42 |
| Ketu | 17 Pisces 9 | 4 Virgo 59 | 11 Pisces 42 |
Chandra Kundali (Equal House, North Indian Diamond Chart)