Janos Kornai: a non-mainstream pathway from economic planning to disequilibrium economics

  title={Janos Kornai: a non-mainstream pathway from economic planning to disequilibrium economics},
  author={W. Andreff},
  journal={Public Choice},
This paper first positions Janos Kornai in the controversies about the feasibility of socialist planning (Lange, Hayek). Kornai has leant in favor of Hayek’s thesis contending that, without an actual market price system for conveying information to those who can beneficially use it, a socialist economy is impracticable. The paradox is that Kornai worked at the Computer Centre of the Hungarian Academy of Sciences in relation with the Planning Institute of the National Planning Office and… Expand
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