Re: French circulationists

["MARIO SECCARECCIA" <MSECCARE@xxxxxxxxxxxxxxxxxxxx>]

On Sat, 23 Sep 1995, Colin Danby wrote:

> I ran across mention of the French Circulationists in Lavoie's _Foundations_
> and tracked down a couple of references, but I've seen scant reference to
> this school in the PK lit.  If anybody out there keeps up with them, I'd
> be grateful for (a) bibliography and (b) a few words on the intellectual
> history and recent work of these people.
Forgive me for the belated reply, but I hadn't read my messages since
last Thursday! However, most of the limited references in English have already
been well identified by Riccardo Bellofiore and Mathew Forstater. Indeed, you
may wish to contact Ed Nell of the New School for the table of
contents of the forthcoming book on the Post Keynesian and
Circulation approaches. I believe the book will bring to English-
speaking readers a comprehensive review of the "Circuit" approach
which has not yet been easily available. In addition to what
Riccardo and Mathew have already referred to, you may wish to look at
the last nine issues of ECONOMIES ET SOCIETES (Serie Monnaie et
Production) since 1984 edited by Alain Parguez, particularly the several
articles by Graziani and by Alain Parguez (such as in the February
1994 issue of ECONOMIES ET SOCIETES). Unfortunately, many of the
articles on the circuit approach in this journal have been published
in French, including articles by Leonard, Lavoie et Vallageas).
Moreover, you wish to read material from the Dijon School written by
Bernard Schmitt, Alvaro Cencini and Claude Gnos. Only some of the
work by Cencini and Schmitt is available in English. For instance,
Alvaro has published two books in English entitled TIME AND THE
MACROECONOMIC ANALYSIS OF INCOME (1984) and MONEY,
INCOME AND TIME (1988) by Pinter Publisher.
             If you could read Italian, you may wish to read the
recent book by Augusto Graziani whose title I believe is ECONOMIA
MONETARIA DELLA PRODUZIONE, as well as the book that he and
Marcello Messori edited in 1988 entitled MONETA E PRODUZIONE.
             It would also be useful to note that, among American Post
Keynesians, the work by Randy Wray perhaps comes closest to much of
the analysis found in circuit approach.

Bonne lecture!

Mario Seccareccia
mseccare@xxxxxxxxxxxxxxxxxxxx