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On Graziani’s monetary theory of production
Titolo Rivista: STUDI ECONOMICI  
Autori/Curatori: Ferruccio Marzano 
Anno di pubblicazione:  2014 Fascicolo: 112 Lingua: Inglese 
Numero pagine:  8 P. 90-97 Dimensione file:  33 KB
DOI:  10.3280/STE2014-112007
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 


In the paper it is underlined that, building on previous German and French literature, in various outstanding contributions Graziani analyses the working of a credit capitalist economy, that is an economy in which banks’ decisions on the amount of credit provided to firms are the starting point in the functioning of the economy. In particular, in Graziani’s vision, the power of banks and that of firms conflict each other, whereas the role of workers is a residual one.


Keywords: Monetary theory, circuit approach, banks’ credit.
Jel Code: B31, E51

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Ferruccio Marzano, in "STUDI ECONOMICI " 112/2014, pp. 90-97, DOI:10.3280/STE2014-112007

   

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