IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v45y2021i2p371-390..html
   My bibliography  Save this article

János Kornai: economics, methodology and policy

Author

Listed:
  • Michael Ellman

Abstract

Kornai is an iconoclastic economist who developed an economic systems paradigm and applied it to the Leninist-Stalinist socialist system.His ideas overlapped with Marxism, with the Austrian school, with the Cambridge Social Ontology Group (CSOG), with Keynesianism, and with evolutionary economics. However, despite rejecting much of mainstream economics, Kornai did not retire to a heterodox bunker. Important results of his application of the systems paradigm were a rejection of market socialism, a rejection of price increases as a solution for shortages in the Leninist-Stalinist socialist system, and advocacy of a privatisation policy based on providing favourable conditions for the development of new private enterprises.

Suggested Citation

  • Michael Ellman, 2021. "János Kornai: economics, methodology and policy," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 45(2), pages 371-390.
    • Handle: RePEc:oup:cambje:v:45:y:2021:i:2:p:371-390.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/cje/beaa056
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Emilio Carnevali & André Pedersen Ystehede, 2023. "Is socialism back? A review of contemporary economic literature," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 239-270, April.
    2. Csaba, László, 2023. "A szellem óriásának magányossága [The loneliness of the giant of economics]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 1-22.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:45:y:2021:i:2:p:371-390.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.