A 20. századi magyar történelem perspektívájából szemlélve a nemzeti vagyon kilencedik újraelosztására tett kísérletnek tekintem az Orbán-korszak egészét (ideértve az 1998-2002 közötti ciklust is). Az "államosítás versus privatizáció" dichotómia, amelyet korábbi...

The most significant concept of János Kornai's oeuvre is the shortage economy theory as it was presented in Anti-equilibrium more than fifty years ago. According to this, modern economies are never in equilibrium. On the markets of goods and services, the aggregate demand is either...

Seventy years ago, three years after World War II, the bulk of the Hungarian manufacturing industry was taken over by the then ruling coalition government. This was the culminating point of a process of elite change, which started at the very beginning of 1945. It was perceived then by the...

This paper presents a brief account of the Hungarian renationalization and recentralization process under the 2nd and 3nd government of Prime Minister Viktor Orbán (2010–2018). Under his autocratic rule, Hungary, the former leading reform country in Central and Eastern Europe has made a sharp...

More than 40 years ago, János Kornai introduced his famous supermarket metaphor. Socioeconomic systems cannot be constructed from purposely selected features, similar to customers in a supermarket, who can freely put into their shopping trolley whatever they like. Systems constitute an organic...

The paper analyses the differences of COVID-19 mortality rates (MR) in 24 European countries. We explain MRs on the available, reliable ex-ante economic, health and social indicators pertaining to the year 2019 - i.e., before the outbreak of the pandemic. Using simple regression equations, we...

János Kornai, the most distinguished Hungarian economist passed away on 18 October 2021. This short essay, written by a long-time disciple of Kornai tries to prioritize his scientific achievements spreading over six decades. The conclusion is that Kornai's most important contribution to the...