The legacy of Celso Furtado

Vol. 44 No. 1 (2024)

Jan-Mar / 2024
Published December 22, 2023
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Jr., Paulo Nogueira Batista. 2023. “The Legacy of Celso Furtado”. Brazilian Journal of Political Economy 44 (1):29-41. https://doi.org/10.1590/0101-31572024-3601.
ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver

Download Citation

Endnote/Zotero/Mendeley (RIS) BibTeX

The legacy of Celso Furtado

Paulo Nogueira Batista Jr.
Economista aposentado, Fundação Getulio Vargas, São Paulo/SP, Brasil.
Brazilian Journal of Political Economy, Vol. 44 No. 1 (2024), Jan-Mar / 2024, Pages 29-41

Abstract

This essay reviews Celso Furtado’s intellectual legacy, highlighting his enormous
importance for economic thought. It adopts the method of comparing Furtado to another
great Brazilian economist, Mário Henrique Simonsen, emphasizing the superiority of the
former over the latter in several essential aspects. It also discusses the relation of Furtado to
Keynes and the Keynesian economic tradition, on the one hand, and to Marx and Marxism,
on the other. It highlights, in conclusion, his links to nationalism and romanticism, expressed
in his attachment to Brazil.

JEL Classification: A0; B5, C0; E0; F0, N0; P5.


Keywords: Celso Furtado Mário Henrique Simonsen John Maynard Keynes political economy economics mathematical methods in economics rigor relevance Marxism ultraliberalism economics history eclecticism nationalism cosmopolitanism