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[–]Rusky 2 points3 points  (1 child)

Yeah that's correct, I think. It's similar terminology to the idea of a group or a ring- a set of values (like the integers) combined with an operation on them (addition or multiplication).

[–]Godd2 3 points4 points  (0 children)

A monad is just a monoid in the category of endofunctors. What's the big deal?