Blog

L. Randall Wray

Remembering Professor Graziani

I believe I first came across Professor Graziani’s work when I was writing a paper for Professor Hyman Minsky’s course on money. I was interested in the raging debate between Tom Asimakopulos and a number of Post Keynesians over the investment-saving relation. (Asimakopulos 1983, 1985, 1986) While he accepted Keynes’s

Keep reading
Jan Toporowski

A failed banker reflects on
Augusto Graziani

Being a failed banker gives an unusual perspective on monetary theory, in particular on the monetary ideas of Augusto Graziani (1933-2014). By ‘failed banker’, I do not mean the ruined financier of popular legend, the Saccard or John Gabriel Borkman, the collapse of whose Ponzi schemes was so memorably analysed

Keep reading
Guglielmo Forges Davanzati

A Tribute to Augusto Graziani

Tribute appeared in Heterodox Economics Newsletteron January 2014 It is difficult to write a “tribute” to Augusto Graziani, remembering his warning that writing the obituary of a University professor gives the person writing it a great opportunity to self-promote.This tribute is intended solely to provide scholars who are not familiar

Keep reading
Riccardo Bellofiore

Augusto Graziani: an ‘untimely’ economist

Augusto Graziani: an ‘untimely’ economist Riccardo Bellofiore Augusto Graziani (1933-2014) was one of the last representatives of an original post-WWII Italian tradition, capable of novel and critical contributions, opposed to traditional approaches fostering conformism. Graziani was President of the Italian Economic Association (1998-2001) and Senator of the Italian Republic (1992-1994,

Keep reading