Janos Kornai Quotes


There has been no country with a democratic political sphere, past or present, whose economy has not been dominated by private ownership and market coordination.


Citations

Janos Kornai, Economist, Quoted in Martin Wolf, “The Morality of the Market,” Foreign Policy, September / October 2003

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  • Born: January 21, 1928
  • Nationality: Hungarian
  • Profession:

János Kornai is 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 is emeritus professor at both Harvard University and Corvinus University of Budapest.