Giuseppe Fontana
Professor of Monetary Economics
University of Leeds
Biography
Giuseppe Fontana is Professor of Monetary Economics at the University of Leeds. He holds a PhD in Economics from the University of Cambridge and has taught at various institutions including the University of Sannio and the University of Staffordshire.
Fontana's research focuses on post-Keynesian monetary theory, central banking, and the political economy of money. He has authored numerous books and articles on monetary economics, including works on endogenous money theory and the nature of money in modern economies.
He serves on editorial boards of several economics journals and is actively involved in heterodox economics associations. His current research examines the evolution of central banking practices and their implications for monetary theory and policy.
Publications
The Monetary Circuit Theory, Financialisation and the Rise of the Non-Bank Financial Intermediaries
Applies monetary circuit theory to analyze the growth of non-bank financial intermediation. Shows how financialization has transformed the monetary circuit, creating new channels for money creation and systemic risk outside traditional banking.
Monetary economics after the global financial crisis
Assesses the evolution of endogenous money theory following the 2008 global financial crisis. Examines how central bank interventions and unconventional monetary policies have validated core Post Keynesian insights about money creation.
Post Keynesian approaches to endogenous money: a time framework explanation
Develops a temporal framework for understanding endogenous money creation. Distinguishes between different time horizons in monetary analysis and shows how this resolves apparent contradictions in Post Keynesian monetary theory.
Post Keynesians and Circuitists on money and uncertainty
Provides a comprehensive synthesis of Post Keynesian and Circuitist approaches to money and uncertainty. Develops a unified framework showing how these schools complement each other in understanding monetary phenomena.