The first part of this contribution recalls the definition of endogenous money given by the monetary circuit1 and retained by Augusto Graziani. It then describes
I was not a student of Graziani’s, although I prepared my undergraduate micro and macro exams on the first version of his texts. As a
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
While the theory of the economic process as a set of simultaneous exchanges seems specifically made to outline a classless society, the idea of the
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