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János Kornai
AuthorBooks · Second hand1928-2021
János Kornai was a Hungarian economist noted for his analysis and criticism of the command economies of Eastern European communist states. He also covered macroeconomic aspects in countries undergoing post-Soviet transition. He was emeritus professor at both Harvard University and Corvinus University of Budapest. Kornai was known to have coined the term shortage economy to reflect perpetual shortages of goods in the centrally-planned command economies of the Eastern Bloc.
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Curiosities about János Kornai
Birth
1928
Death
2021
First book
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Years writing
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János Kornai was a prominent Hungarian economist who deeply analyzed economic transitions in Eastern Europe.
Throughout his prolific career, he wrote a total of 57 works focusing on economic policy and conditions.
Born in Budapest in 1928, he dedicated much of his life to teaching as a university professor.
His book 'Creating social trust in post-socialist transition' is one of his most internationally recognized works.
His academic legacy remains a fundamental reference for understanding the economic changes that occurred after 1989.