Sequence and class divide
A reply to the critics of the theory of the monetary circuit Introduction A recent, valuable, contribution by Sergio Cesaratto, Sei lezioni sulla moneta [Six lessons on money], gives me the opportunity<a class="moretag" href="https://www.marcopassarella.it/en/sequence-and-class-divide/">Read More...</a>
An Introduction to SFC Models
JUST2CE Project, WP5 Seminar Series, June 10, 2022. Download the presentation slides.
Money creation and circular economy
You can find here the material I am using in the next conferences I am participating in (STOREP, ESEE, EAEPE, and FMM) during the Summer-Fall 2022. 1. Circular economy innovations in an<a class="moretag" href="https://www.marcopassarella.it/en/money-creation-and-circular-economy/">Read More...</a>
War economics
[Italian only] Primo Maggio a Lari (PI), Festa Rossa, 2022. Vai il video del Red Talk (su YouTube)
The PNRR: aims, contraints and results
Workshop organised by Sottosopra, Friday 8th April 2022, Milan. Download the presentation slides Download the model Watch the video (on YouTube)
Inflation: class struggle is…
…the elephant in the room [Italian only] “L’inflazione è sempre e ovunque un fenomeno monetario” – così ammoniva Milton Friedman nella sua celebre Storia monetaria degli Stati Uniti (1867-1960), scritta a quattro<a class="moretag" href="https://www.marcopassarella.it/en/inflation-class-struggle-is/">Read More...</a>
It is not la vie en rose…
The aim of this paper is twofold. First, it shows how a standard stock-flow consistent model (SFCM) can be modified to embed some fundamental insights from Graziani’s theory of monetary circuit (TMC).<a class="moretag" href="https://www.marcopassarella.it/en/it-is-not-la-vie-en-rose/">Read More...</a>
I dividendi dell’euro…
Verità o leggenda? [Italian only] Mercoledì 25 ottobre 2023, ore 20:15 Seminario di approfondimento nell’ambito del corso di GEOPOLITICA, Università Aperta di Imola. Relatore Marco Veronese Passarella Università dell’Aquila e Università di<a class="moretag" href="https://www.marcopassarella.it/en/i-dividendi-delleuro-2/">Read More...</a>
JUST2CE Kick-Off Meeting
JUST2CE stands for A JUst Transition TO the Circular Economy. It is a research project funded by the European Union. It is based on the assumption that a critical evaluation of the<a class="moretag" href="https://www.marcopassarella.it/en/just2ce-kick-off-meeting-2/">Read More...</a>