Abstract
A Festschrift serves to celebrate both an individual and the legacy of their work. In so doing, the contributions to Setterfield (1999) exude a sense of three of John Cornwall’s defining qualities as an economist. First, Cornwall has made a variety of important and lasting contributions to economics, spanning theory, application and methodology. Second, Cornwall’s contributions take economics seriously, i.e. they forego idle (and as it is currently practised, frequently cynical) game playing in favour of explicit and unyielding recognition of the social significance of economics and what this should mean to those who practise the discipline. Cornwall’s work has always been motivated by a desire to better the societies in which we live, or, as he puts it himself in reference to the work of those he most admires, ‘to do some good’. Finally, Cornwall’s care and attention as an advisor, as an ‘invisible hand’, always guiding but never interfering, has inspired his students in the arts of the scholar-teacher. It is his unique combination of these qualities that have endeared John Cornwall to so many of his colleagues and students.
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References
Cornwall, J. (1972) Growth and Stability in a Mature Economy, London, Martin Robertson.
Cornwall, J. and Cornwall, W. (1994) ‘Growth theory and economic structure’, Economica, 61:237–51.
Cornwall, J. and Cornwall, W. (1997) ‘The unemployment problem and the legacy of Keynes’, Journal of Post Keynesian Economics, 19:525–42.
Cornwall, J. and Cornwall, W. (2001) Capitalist Development in the Twentieth Century: An Evolutionary–Keynesian Analysis, Cambridge, Cambridge University Press.
Cross, R. and Strachan D. (1999) ‘Soros on “free market equilibria” ’ in M. Setterfield (ed.) Growth, Employment and Inflation: Essays in Honour of John Cornwall, London, Macmillan, pp. 27–40.
Harcourt, G. C. and Monadjemi, M. (1999) ‘The vital contributions of John Cornwall to economic theory and policy: a tribute from two admiring friends on the occasion of his 70th birthday’ in M. Setterfield (ed.) Growth, Employment and Inflation: Essays in Honour of John Cornwall, London, Macmillan, pp. 10–23.
Petit, P. (1999) ‘The reconstruction of full employment: a policy challenge for Europe’, CEPREMAP Working Paper, October 1999.
Setterfield, M. (ed.) (1999) Growth, Employment and Inflation: Essays in Honour of John Cornwall, London, Macmillan.
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© 2001 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Setterfield, M. (2001). John Cornwall: A Brief Appreciation. In: Arestis, P., Baddeley, M., McCombie, J. (eds) What Global Economic Crisis?. Palgrave Macmillan, London. https://doi.org/10.1057/9780333992746_12
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DOI: https://doi.org/10.1057/9780333992746_12
Publisher Name: Palgrave Macmillan, London
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