Overcentralization in Economic Administration. A critical analysis based on experience in Hungarian light industry.

£350 · Offered by Maggs Bros Ltd

The first English translation of the Hungarian economist János Kornai’s (1928-2021) doctorate dissertation submitted to the Hungarian Academy of Sciences in 1956. Despite the fact that it criticised many aspects of Hungarian economic planning, Korani’s dissertation was accepted by the Hungarian Academy of Sciences and published in Hungarian in March 1957, a notable achievement given the heavy curtailment of intellectual freedom following the failed uprising at the 1956. Korani contributed a new foreword to this English edition. Kornai would go on to become one of the leading authorities on the planned economies of the Eastern Bloc.

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