Early Life
Monti was born in Varese on 19 March 1943. His mother was from Piacenza. Although his father grew up in Varese, he was born in Luján in the Buenos Aires Province, Argentina, where the Monti family had emigrated in the 19th century and built up a soft-drink and beer-production business. Monti's father went back to Argentina during World War II, but later returned to his family home in Varese.
Monti studied at the Leo XIII private catholic high school, and attended Bocconi University of Milan, where he obtained a degree in economics in 1965. Later he won a scholarship to Yale University, where he studied under James Tobin, a recipient of the Nobel Prize in Economics.
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“... goodness is of a modest nature, easily discouraged, and when much elbowed in early life by unabashed vices, is apt to retire into extreme privacy, so that it is more easily believed in by those who construct a selfish old gentleman theoretically, than by those who form the narrower judgments based on his personal acquaintance.”
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