期刊名称:Iberian Journal of the History of Economic Thought
印刷版ISSN:2386-5768
出版年度:2015
卷号:2
期号:1
页码:48-60
DOI:10.5209/rev_IJHE.2015.v2.n1.49773
语种:Spanish
出版社:Iberian Journal of the History of Economic Thought
摘要:In this paper we analyze Augusto Graziani’s numerous contributions to the monetary theory of production, which he developed from a theoretical but also a policy-oriented perspective. We focus on the rejection of the neoclassical dichotomy, the causal relation between production and money creation, and the definition of macroeconomic saving. These three dimensions of Graziani’s work can be identified in the framework of the monetary circuit, in the tradition of classical and Marxian economic thought. The outcome of Graziani’s investigations sheds light on the working of a monetary economy of production from the issuance of bank money to the distribution of income and capital accumulation.
其他摘要:In this paper we analyze Augusto Graziani’s numerous contributions to the monetary theory of production, which he developed from a theoretical but also a policy-oriented perspective. We focus on the rejection of the neoclassical dichotomy, the causal relation between production and money creation, and the definition of macroeconomic saving. These three dimensions of Graziani’s work can be identified in the framework of the monetary circuit, in the tradition of classical and Marxian economic thought. The outcome of Graziani’s investigations sheds light on the working of a monetary economy of production from the issuance of bank money to the distribution of income and capital accumulation.
关键词:Keynesian theories;theories of the monetary circuit;investment
其他关键词:Keynesian theories;theories of the monetary circuit;investment