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.
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