This is a theoretical analysis of structural interdependence in monetary economics. Some recent attempts to integrate money and finance in the theory of income and expenditure are critically examined. The Sraffian dichotomic interpretation of classical political economy is refused. A version of...

In this article the debate between Prof. Augusto Graziani and the author on the monetary theory of production is carried further on. The main purpose of the paper is to delineate - along Keynesian lines and in opposition to the theory of the credit money circuit - a consistent and realistic view...

In this article the Author reviews a recent book by Prof. Augusto Graziani on the monetary theory of production. It is maintained that, in spite of its Keynesian title, the book is not really Keynesian in character and provides a rather controversial picture of Keynes' views on the working of a...