Augusto Graziani
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Augusto Graziani (4 May 1933 – 5 January 2014) was an Italian
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, Professor in
Political Economy Political or comparative economy is a branch of political science and economics studying economic systems (e.g. Marketplace, markets and national economies) and their governance by political systems (e.g. law, institutions, and government). Wi ...
at University la Sapienza, most known for his contribution to
monetary economics Monetary economics is the branch of economics that studies the different theories of money: it provides a framework for analyzing money and considers its functions (as medium of exchange, store of value, and unit of account), and it considers how m ...
in founding
monetary circuit theory Monetary circuit theory is a heterodox theory of monetary economics, particularly money creation, often associated with the post-Keynesian school. It holds that money is created endogenously by the banking sector, rather than exogenously by cen ...
.


Biography

He graduated in economics and commerce from the "Federico II" University of Naples under Giuseppe Di Nardi, subsequently continuing his studies first at the
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
with
Lionel Robbins Lionel Charles Robbins, Baron Robbins, (22 November 1898 – 15 May 1984) was a British economist, and prominent member of the economics department at the London School of Economics (LSE). He is known for his leadership at LSE, his proposed de ...
and then at
Harvard University Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
in Massachusetts, USA, where he met
Wassily Leontief Wassily Wassilyevich Leontief (; August 5, 1905 – February 5, 1999) was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Memo ...
and Paul Rosenstein-Rodan. In 1962, he became a professor of political economy at the University of Catania. In 1965, he was a professor of economic policy at the University of Naples. Since 1989, he has been a full professor of political economy at the Faculty of Economics and Commerce at "La Sapienza" University of Rome. He collaborated with Manlio Rossi-Doria at the Specialization Center of Portici, and with Francesco Compagna on "Nord e Sud". During the 11th legislature, he was proclaimed Senator of the Republic in the group of the
Democratic Party of the Left The Democratic Party of the Left (, PDS) was a democratic-socialist and social-democratic political party in Italy. Founded in February 1991 as the post-communist evolution of the Italian Communist Party, the party was the largest in the A ...
, succeeding Gerardo Chiaromonte, who passed away in 1993.


See also

*
Endogenous money Endogenous money is an economy’s supply of money that is determined endogenously—that is, as a result of the interactions of other economic variables, rather than exogenously (autonomously) by an external authority such as a central bank. ...


Further reading


Scientific Profile
i
augustograziani.com

Complete work
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augustograziani.com

Brief biography
* Philip Arestis, Malcolm C. Sawyer, ''A biographical dictionary of dissenting economists''
"Augusto GRAZIANI" (biography)
pp. 254–263. * Augusto Graziani, "The theory of the monetary circuit", ''Economies et Societes'', vol. 24, n°. 6, pp. 7-36 (1990). * Augusto Graziani, "The theory of the monetary circuit", in ''The money supply in the economic process: a post Keynesian perspective'', vol. 60, eds M. Musella and C. Panico, Elgar Reference Collection, International Library of Critical Writings in Economics, Aldershot, U.K. (1995) * Augusto Graziani
"The Marxist Theory of Money"
'' International Journal of Political Economy'', vol. 27, n° 2, ''Marxian Theory: The Italian Debate'' (Summer, 1997), pp. 26–50. * Augusto Graziani
''The Monetary Theory of Production''
Cambridge University Press, Cambridge, UK (2003).


References

{{DEFAULTSORT:Graziani, Augusto Monetary economists Italian economists Post-Keynesian economists 1933 births 2014 deaths