János Kornai
János Kornai · Philosophy & Social Sciences
Economist known for his analysis of shortage economies and the failures of centrally planned socialism
1928, Budapest, Hungary — 2021, Budapest, Hungary
Hungary · United States
János Kornai is recognized among Jewish contributors to Philosophy & Social Sciences — Economist known for his analysis of shortage economies and the failures of centrally planned socialism
János Kornai was one of the most influential economists of the socialist and post-socialist world, whose analysis of the 'shortage economy' and the 'soft budget constraint' exposed the systemic failures of central planning and guided reform across Eastern Europe. He taught at Harvard and Budapest. Born into a Hungarian Jewish family, his Jewish background is documented.
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Source: Jinfo.org — Jews in Economics
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Economist known for his analysis of shortage economies and the failures of centrally planned socialism
Source: Jinfo.org — Jews in Economics
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