News

Professor Stefanie Stantcheva to Be Awarded the 7th Calvó-Armengol Prize

October 21, 2021

The Barcelona Graduate School of Economics has announced that the seventh Calvó-Armengol International Prize in Economics will be awarded to Professor Stefanie Stantcheva for her "pioneering research that integrates human capital into optimal tax theory and creative empirical work on the mobility response to taxation."

The...

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Janos Kornai

In Memoriam: János Kornai 1928 - 2021

October 19, 2021

The Harvard economics department deeply regrets the passing of emeritus Professor János Kornai, who served as Allie S. Freed Professor of Economics from 1986 to 2002.  Professor Kornai made seminal contributions to comparative economics and to our understanding of socialist economies.  His 1980 volume on the “Economics of Shortage” explained why shortages were so endemic in socialist economies, and introduced the concept of a “soft budget...

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