The Monetary Circuit and Income Distribution. Bankers as Landlords? Giorgio Lunghini and Carluccio Bianchi Lord, I knew thee that thou art a hard man, reaping where thou hast not sown, and gathering where thou hast not strewed. Matthew, 25, 24 A foreword Mainstream economics is characterised by a general lack of interest in the topic of the distribution of income between classes. Considering the increasing importance of finance and banks in contemporary economic systems, it may be worthwhile to look at this problem from the point of view of the so called monetary circuit theory, to which Augusto Graziani made several important contributions. The monetary circuit is neither a theory nor a model, it is a scheme as Quesnay’s Tableau économique (which is the proper reference, since in the monetary circuit scheme there is a time sequence), Marx's reproduction schemes, and Sraffa's equations in Production of commodities. These are schemes defining the reproduction conditions of a given system, schemes whose analytical power also depends on the fact that they do not contemplate behavioural functions. The monetary circuit, in particular, can be interpreted as an integration of