Hehe, that's actually how I ended up on this article, trying to understand what is meant by that statement in more detail. I found that apparently the original

Hehe, that's actually how I ended up on this article, trying to understand what is meant by that statement in more detail. I found that apparently the original is from here [0]. :) [0] https://books.google.com/books?id=gfI-BAAAQBAJ&lpg=PA138&dq=All%20told%2C%20a%20monad%20in%20X%20is%20just%20a%20monoid&pg=PA138#v=onepage&q=All%20told,%20a%20monad%20in%20X%20is%20just%20a%20monoid&f=false https://books.google.com/books?id=gfI-BAAAQBAJ&lpg=PA138&dq=...