FROM THE ARCHIVES: 1991 EDITION
30 YEARS AGO
FEBRUARY 1991
“As Hungarian economist János Kornai and Polish economist Jan Winiecki argue, the nations of Eastern Europe need flesh and blood entrepreneurs more than anything else. Their point is simple: You can’t have capitalism without capitalists. The countries of Eastern Europe must cultivate true capitalists—both domestic and foreign—on their own, through a functioning convertible currency, viable legal accounting systems, modest levels of taxation and regulation, and full,
