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This work challenges traditional monetary theory by focusing on the role of banks and provides a new insight into the role played by bank money and capital accumulation. An international team of contributors reappraise analyses of the inflation and unemployment developed by Marshall, Keynes and Robertson. This volume is published in association with the Centre for the Study of Banking in Switzerland.
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Professor of Monetary Economics at the Centre for Banking Studies of Lugano (Switzerland) and Associate Professor of International Economics at the University of Varese (Italy). Since writing his PhD at the London School of Economics he has been working on monetary theory and macroeconomics. Among his publications are Time and the Macroeconomic Analysis of Income and Monetary Theory: National and International., Professor of Economics at the University of Verona and was previously Associate Professor of Economics at the Catholic University of Milan and Lecturer and Tutor in Economics at The Queen's College, Oxford. He is the author of A Theory of Wealth Distribution and Accumulation, and the editor of (among others) The Dynamics of the Wealth of Nations: Growth, Distribution and Structural Change (with G.Harcourt).
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