Money and interest in an atypical neoclassical economist: Gustavo Del Vecchio

The history of economic thought places Gustavo Del Vecchio among Walras’s followers and, particularly, considers him as the scholar that first tried to develop his monetary services approach. If this is true, Del Vecchio’s monetary theory must be read, as we hope to show, also from another perspective aimed at integrating heterodox aspects with neoclassical principles. Moreover, unlike Walras, he never dropped the attempt to develop a dynamic monetary theory.