Money as Organization, Gustavo Del Vecchio's Theory (Modern Heterodox Econ)

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English

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Between 1909-17, Gustavo Del Vecchio developed a ''theory of circulation''. In a series of articles he set out his thoughts on the utility and value of money, credit, discount rates, banking and international payments. Tusset re-evaluates Del Vecchio''s theory, concluding that money represents a technology which organizes both economy and society.

Between 1909-17, Gustavo Del Vecchio developed a ‘theory of circulation’. In a series of articles he set out his thoughts on the utility and value of money, credit, discount rates, banking and international payments. Tusset re-evaluates Del Vecchio’s theory, concluding that money represents a technology which organizes both economy and society.

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