Abstract

ABSTRACT Fernando Cardim de Carvalho’s monumental intellectual legacy encompasses many elements - his teaching, his mentoring, his scholarship, and his policy activism. This essay explores Cardim’s contributions to Post-Keynesian economics through the lens of his 31 publications in refereed English-language journals. After applying some bibliometric analysis to these articles, we undertake a chronological review of the themes developed in Cardim’s publications on theoretical topics in Keynesian economics. This is followed by a clarification and defense of Cardim’s distinctive methodology. We then undertake a chronological review of the articles containing his critical analyses of development policy. This side-by-side comparison of Cardim’s theoretical and policy pre-occupations through time clarifies their close interconnection. We conclude by examining the craft of writing in Cardim’s work, as he was an economist whose impact stemmed not just what he said, but from how he said it. Seeing Fernando Cardim de Carvalho’s scholarship from these different angles - his multidimensional contributions as a scholar, as a theorist, a critic, and as a crafter of prose - permits a full appreciation of both the range and depth of his work as a Keynesian economist.

Highlights

  • Fernando Cardim de Carvalho’s monumental intellectual legacy encompasses many elements – his teaching, his mentoring, his scholarship, and his policy activism

  • Engagement with research councils and academics across the world, and dedication to his current and former supervisees nurtured a national resurgence of Keynesianism in Brazil

  • How did Cardim approach his practice as a Keynesian monetary macroeconomist? To make this question manageable, we focus our attention on the 31 papers he published in English in refereed journals: 12 in the Journal of Post Keynesian Economics and

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Summary

INTRODUCTION*

In 1994, Polygram Records released a compilation of the music of Chico Buarque, one of the poet laureates of MPB. The peculiar power of his written work lies in the fact that it weaves scholarly and theoretical insights into simple and powerful prose Can there be another economist in any era who would find an exact analogy to John Maynard Keynes’ writings on the ‘fundamental problems’ in twentieth-century economies in William Shakespeare’s sixteenth-century play about the tragedy of choice? Fernando brought me to Rio de Janeiro in 1997 for an international conference at the Federal University of Rio de Janeiro, forever altering my life’s trajectory He had a profound effect on many people, especially his students. His vigorous scholarship, engagement with research councils and academics across the world, and dedication to his current and former supervisees nurtured a national resurgence of Keynesianism in Brazil. Post-Keynesian economist, friend, story-teller, father, connoisseur of music and literature, citizen of the world, grandpa: one essay on his legacy can tell only part of the story

CARDIM’S REFEREED ENGLISH-LANGUAGE PAPERS
CONCLUSION
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