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Augusto Graziani, a Leading Italian Post Keynesian Economist


  • Giuseppe Fontana

    () (University of Leeds and University of Sannio)

  • Riccardo Realfonzo

    () (University of Sannio)


Augusto Graziani (1933-2014) was one of the leading Italian scholars of the Post Keynesian economics school. This paper honours his memory by presenting his life and works, including his world-renowned contributions to the monetary circuit theory (often also called the monetary theory of production) and the dualistic model of economic development.

Suggested Citation

  • Giuseppe Fontana & Riccardo Realfonzo, 2015. "Augusto Graziani, a Leading Italian Post Keynesian Economist," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 23(1), pages 23-38.
  • Handle: RePEc:hid:journl:v:23:y:2015:1:2:p:23-38

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    Cited by:

    1. Giuseppe Fontana & Andrea Pacella & Riccardo Realfonzo, 2017. "Does fiscal policy affect the monetary transmission mechanism? A monetary theory of production (MTP) response to the new consensus macroeconomics (NCM) perspective," Metroeconomica, Wiley Blackwell, vol. 68(2), pages 378-395, May.
    2. Giuseppe Fontana & Riccardo Realfonzo, 2017. "Augusto Graziani and recent advances in the monetary theory of production," Metroeconomica, Wiley Blackwell, vol. 68(2), pages 202-204, May.

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