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The Legacy of Janos Kornai: Collected Economic Essays on Janos Kornai

The Legacy of Janos Kornai: Collected Economic Essays on Janos Kornai

Paperback

Series: Palgrave Studies in the History of Economic Thought

EconomicsGeneral Political Science

Currently unavailable to order

ISBN10: 3031832418
ISBN13: 9783031832413
Publisher: Palgrave MacMillan
Published: Jul 4 2026
Pages: 343
Language: English

This book examines the intellectual legacy of economist Janos Kornai and explores his unique contribution to economics. It addresses the key themes within Kornai's work and shows how his ideas relate to the leading figures within economics. After highlighting the influence of Marx and Hayek on Kornai, his major contribution to comparative economics and analysis of capitalist and socialist economic systems is examined. How they fed into his conceptualization of hard and soft budget constraints and complemented his work on economic theory, in particular debates around Walrasian and Marshallian equilibrium theory, is also discussed.

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Economics