REAL

Kornai: Shortage versus surplus economies

Nuti, D. Mario (2018) Kornai: Shortage versus surplus economies. Acta Oeconomica, 68 (s1). pp. 85-98. ISSN 0001-6373

[img]
Preview
Text
032.2018.68.s.7.pdf

Download (85kB) | Preview

Abstract

The economics of institutions and comparative systems owes an enormous debt to János Kornai. This was well exemplified by Kornai (2014a), offering a synthetic characterization of socialism and capitalism, respectively, as shortage and surplus economies. I was very fortunate, over the last fifty years, to have had many opportunities to meet him and to talk to him, and to discuss these issues directly with him. János can be very persuasive, and over the years I have somewhat converged towards his views, but in this essay, I am going to rehearse one residual major disagreement on the shortage economy, and three reservations on capitalism as the surplus economy which, after discovering from talking to him that he was in basic sympathy with them, I have downgraded to qualifications.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában
Depositing User: Ágnes Sallai
Date Deposited: 05 Jan 2018 07:24
Last Modified: 31 Jan 2020 00:16
URI: http://real.mtak.hu/id/eprint/71917

Actions (login required)

Edit Item Edit Item