La teoria della moneta e della banca nei primi quarant'anni del novecento: alle radici della teoria del circuito monetario

Alberto Zazzaro ()

STUDI ECONOMICI, 2000, vol. 2000/72, issue 72

Abstract: La teoria della moneta e della banca nei primi quarant'anni del novecento: alle radici della teoria del circuito monetario (di Alberto Zazzaro) - ABSTRACT: Starting from a critical review of the reconstruction of the debate on the nature of money and banking suggested by Realfonzo in his book "Money and Banking", this paper discusses the importance of the institutional analysis to build up a complete and fully coherent monetary theory of production. Only taking into account institutional aspects it is possible to give a convincing explanation of the origin as well as the working of a monetary economy, where profits, bankruptcy, and social mobility are integral parts of the economic process. JEL Classification: B10; E51.

Date: 2000
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