Andrea Terzi is a professor of economics at Franklin University Switzerland. His current research focuses on central banking, monetary operations, macro financial accounts, and the effects of monetary and fiscal policy on private savings and aggregate demand, work that builds on his earlier research on the thought of John Maynard Keynes. Terzi has lectured at Catholic University Milan, the International Studies Institute in Florence, the European College of Parma, and the Venice School of Economics and Finance, and is a past Jean Monnet Fellow at the European University Institute in Florence. He is the author of La moneta (2002) and coeditor of, and a contributor to, Euroland and the World Economy: Global Player or Global Drag? (2007). His most recent publications include:

  • “A T-Shirt Model of Savings, Debt, and Private Spending: Lessons for the Euro Area,” European Journal of Economics and Economic Policies: Intervention, Vol. 13, no. 1 (2016);
  • “Central Bank Money” and “Corridor and Floor Systems,” in L. P. Rochon and S. Rossi, eds., The Encyclopaedia of Central Banking (Edward Elgar, 2015);
  • “Salviamo l’Europa dall’austerità,” Vita e Pensiero (2014);
  • “Keynes’s Uncertainty Is Not about White or Black Swans,” Journal of Post Keynesian Economics, Vol. 32, no. 4 (2010);
  • “The ‘Keynesian Moment’ in Policy Making and the Perils Ahead,” in S. Dullien, E. Hein, A. Truger, and T. van Treeck, eds., The World Economy in Crisis—The Return of Keynesianism? (Metropolis, 2010); and
  •  “Valore e simbologia del denaro: Una questione di metodo,” in L. Travaini, ed., Valori e disvalori simbolici delle monete nel medioevo: I trenta denari di Giuda (Quasar, 2009).

Terzi holds a degree with honors in political economy from Bocconi University and a Ph.D. in economics from Rutgers University, where he was a student of Paul Davidson.


Andrea Terzi
Andrea Terzi
Research Associate
Levy Economics Institute of Bard College
Annandale-on-Hudson NY US 12504-5000
Fax: 845-758-1149
E-mail: [email protected]