János Kornai Quotes

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Schumpeter's work, his dynamic view of the entrepreneur and creative destruction has had a great impact on me. He indeed wrote a book, Capitalism, Socialism and Democracy, which intended to give a complex analysis of the two systems. But these two books, and a few others (e. g., some of Mises's and Hayek's works) are rather exceptional. A typical American textbook on economic systems is not written with the same ambition about capitalism with which I wrote about socialism. It doesn't give you a general model of capitalism, including the characterization of the political, ideological, and social spheres.

János Kornai

János Kornai

János Kornai

Born: January 21, 1928

Died: October 18, 2021 (aged 93)

Bio: János Kornai, until 1945 János Kornhauser, was an economist noted for his analysis and criticism of the command economies of Eastern European communist states.

Known for:

From Socialism to Capitalism (1998)

János Kornai on Wikipedia

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