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A Review of Janos Kornai


  • Gerard Roland


This article reviews the memoirs of János Kornai. The famous Hungarian economist describes his life experiences and the concurrent history of Hungary. More importantly, he leads us through his intellectual evolution, explaining how his thinking evolved, how it was influenced by events, how one research question led to another. This brings alive the intellectual and historical developments that led to Kornai's work on socialist incentives, on the theory of planning, on the economics of shortage, and on the transition from socialism to capitalism. The book takes us on a journey that encompasses large elements of the history of economic thought in the second half of the twentieth century, as well as the history of Central Europe.

Suggested Citation

  • Gerard Roland, 2008. "A Review of Janos Kornai," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 145-150, March.
  • Handle: RePEc:aea:jeclit:v:46:y:2008:i:1:p:145-50
    Note: DOI: 10.1257/jel.46.1.145

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    References listed on IDEAS

    1. Kornai, J, 1979. "Resource-Constrained versus Demand-Constrained Systems," Econometrica, Econometric Society, vol. 47(4), pages 801-819, July.
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    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals


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