János Kornai
Centralization and the Capitalist Market Economy

Not long ago, I was shown at a provincial university the quotas for admission that the faculty of economics had received from the ministry for this academic year, derived from the national admittance threshold points: “Students on basic training 750, students on the masters’ course 120,” and so on. I could hardly believe my eyes. […]

Taking Stock in Hungary

Barely nine months have passed since Hungary’s new Parliament met—and since then the words and deeds of the party and new government have turned the political life and the workings of the state and the economy upside down. We are constantly perplexed; we have not even recovered from our astonishment at yesterday’s political measure when […]

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