Journal title STUDI ECONOMICI
Author/s Lilia Costabile
Publishing Year 2015 Issue 2014/112 Language English
Pages 19 P. 53-71 File size 72 KB
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Augusto Graziani’s theoretical work is closely intertwined with his ceaseless virtual dialogue with the economists of the past. Here I propose a novel investigation of the links that connect his theoretical work with his studies in the history of economic thought. I consider how the evolution of Graziani’s own theoretical approach went hand in hand with his studies on other economists and schools of thought, from his early analysis of General Equilibrium Theory to the Theory of the Monetary Circuit. Walras, Pareto, Barone, Knight, Hayek, Hicks, Fuà, Malthus, Marx, Wicksell, Schumpeter, Robertson, Fanno, Keynes are some, but by no means all, of the authors to whom Graziani devoted his attention. I illustrate the relationships between their models and Graziani’s own theoretical framework. This investigation sheds light on Graziani’s critical approach to the history of the discipline, and on the very close association between the analytical and the conceptual dimensions of his work.
Keywords: Graziani, History of Economic Thought, General Equilibrium Theory, Theory of the Monetary Circuit.
Jel codes: B31, B 59, D51, E40, E51
Lilia Costabile, The links between economic theory and the history of economic thought. Graziani from general equilibrium analysis to the theory of the monetary circuit in "STUDI ECONOMICI " 112/2014, pp 53-71, DOI: 10.3280/STE2014-112004