János Kornai

János Kornai
János Kornai

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.

From *.wikipedia.org,
General Info
.
Male
Date of Birth
January 21st, 1928
Age
98
Birth Place
Hungary
Date of Death
October 18th, 2021
Died Aged
93
Star Sign
Aquarius
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