List of Famous people with last name Kornai

János Kornai

First Name János
Last Name Kornai
Born on January 21, 1928
Died on October 18, 2021 (aged 93)
Born in Hungary

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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