Daniele M. Email and Phone Number

Seasoned professional with more than 25 years of experience on financial markets, asset management, risk management, asset allocation, portfolio construction and macro finance."The classical theorists resemble Euclidean geometers in a non-Euclidean world who, discovering that in experience straight lines apparently parallel often meet, rebuke the lines for not keeping straight, as the only remedy for the unfortunate collisions which are occurring. Yet, in truth, there is no remedy except to throw over the axiom of parallels and to work out a non-Euclidean geometry. Something similar is required today in economics." John Maynard Keynes“The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.” John Maynard Keynes"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists" Joan Robinson"Unless we understand what it is that leads to economic and financial instability, we cannot prescribe (make policy) to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it." Hyman Philip Minsky"Everyone knows that capitalism is about money, that credit is king, and that debt is everywhere. Or perhaps we should say, everyone except neoclassical macroeconomists. In their view, money, credit and debt, although prevalent, don’t really matter." Steve Keen"The government does not "need" the public's money in order to spend; rather, the public needs the government's money in order to pay taxes. This means that neither taxes nor bond sales really "finance" government spending." Larry Randall Wray"A true monetary economy is inconsistent with the presence of a commodity money. A commodity money is by definition a kind of money that any producer can produce for himself. But an economy using as money a commodity coming out of a regular process of production, cannot be distinguished from a barter economy. A true monetary economy must therefore be using a token money, which is nowadays a paper currency." Augusto Graziani