What was the nature of their innovation and how did it contribute to humankind? Dr Carvalho is a leading macroeconomist in Brazil. The nature of her innovation goes around ideas and policies about how a developing country such as Brazil can step out of the crisis and resume economic growth. She pushes for public investment, which has a higher multiplier, together with a tax increase on those who were not hit by the crisis in Brazil, i.e., wealthy people who do not usually pay higher tax rates. Then, in a second moment, a tax increase on consumption and production is desired. In a nutshell, her proposal is an [public] investment policy together with the end of tax exemptions and implementation of a tax on dividends – which does not exist in Brazil –, and other forms of tax on the rich, and a progressive reduction of tax on consumption. It is important to note that Carvalho’s [public] investment policy does not focus on (or favour) specific industrial sectors but on helping offset the insufficiencies in what people need. The productive sector would then develop from these investments. Laura Carvalho’s innovation is also seen in how she has contributed to developing the neo-Kaleckian macroeconomic model. Through this model, she has been leading theoretical and empirical investigations on how changes in the size distribution of income can affect aggregate demand and the demand regime of an economy.
She clear my mind about economy. 👍
She is an outstanding economist and I have been following her work since the release of her best-seller: "Valsa Brasileira". What I find most impressing about Dr. Carvalho's work is her ability to democratize the debate on macroeconomics in Brazil, taking new points to the general public (usually forgotten by specialised media), without putting aside the methodological and theoretical accuracy.
Wrote a best-selling book in Brazil challenging the dominant view that the country’s current economic crisis was driven by an excess of State intervention, lauded by academic economists from all points of the spectrum. Published academic papers at the Journal of Economic Behaviour and Organization, Journal of Evolutionary Economics, Cambridge Journal of Economics, Journal of Post Keynesian Economics and others.
É uma economista brilhante, fez uma leitura muito precisa de como chegamos na atual situação financeira no Brasil.
Laura Carvalho has an outstanding ability of explaining advanced macroeconomics theories for anyone interested in learning, trough her book, columns, or classes.
In favor, public investment is the way out of the crisis.
With an easy language and trying to introduce new people in the debate, Laura is turning into one of the most importants minds in Brazil. Her thoughts are unorthodox and expand the discussion into an excluding and elitist field.
Amazing woman and economist!
Brilliant person and brilliant economist. She speaks with great serenity, is very down-to-earth, and expresses her ideas with much inteligence and easiness. Even if she may be considered somewhat “pessimistic” in her rather realistic observations, I fell much hope and joy to see / hear & read her.
Dr. Laura answers some important questions about our economy in an innovative and brilliant way, with an emphasis on economic growth through quality public investment where all social streams benefit, including a special attention to the economic resources that can be created in preservation of the environment. She wrote an excellent book, Valsa Brasileira where he expounded her study and ideas about the Brazilian economy from 2003 to 2018.
Ele junta conhecimento e humanismo. No mundo de hoje, é coisa para se guardat.
Dr Laura Carvalho wrote "A Valsa Brasileira", an excellent thesis about economic growth in Brazil over the past years and keeps a great newspaper column (FOLHA DE SÃO PAULO). She understands Economic Development beyond economic growth, what places her work in the best tradition of Brazilian economic thought.
Very clear when speaking about economics, which in itself is a tough subject for the uninitiated. Laura is concerned about the impact economic policy has on those most vulnerable, which is, for me, the ultimate goal for an economist.
There is nothing here about which kind of tax will actually be an incentive towards greater equality of opportunity. This author should explain how the Georgist Theory for a single tax on land values, as claimed by so many experts in theoretical macro-economists and certain politicians, will bring about benefit to almost the whole population of any country, except for their greedy and monopolistic landlords, tax-men and bankers.
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