Janos Kornai
Janos Kornai was a renowned Hungarian economist known for his critical analysis of socialist economies and his influential theories on the dynamics of transition from planned to market economies. He served as a professor at various prestigious institutions, including Harvard University, and was a prominent advocate for economic reform in post-communist Hungary. Kornai's works, particularly his concept of 'soft budget constraint,' have had a lasting impact on economic thought and policy, offering insights into the inefficiencies of state-controlled systems.
Born on Jan 23, 1928 (98 years old)
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Janos Kornai noted that Orbán shaped a model of companies 'close to Fidesz'.
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