Systems, Institutions, and Values in East and West
Gebundenes Buch

Systems, Institutions, and Values in East and West

Engaging with János Kornai's Scholarship

Herausgeber: Piroska, Dóra; Rosta, Miklós
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Leading social scientists, empirical analysts, and policy practitioners demonstrate the various ways in which the insights of János Kornai, a renowned early analyst and critic of the command economies of Eastern European communist states, are stirring academic and policy discussions about current challenges. While dissecting the economic theories and practices in the Soviet Bloc, Kornai devised and applied concepts such as soft-budget constraints, rush versus harmonic growth, surplus versus shortage economy, non-Walrasian equilibrium, bureaucratic coordination, and the invisible power of the ...
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