Kornai János: “The Hungarian Reform Process: Visions, Hopes and Reality“, Journal of Economic Literature, Dec. 1986, Vol. 24, No. 4, pp. 1687-1737.

The Journal of ECONOMIC LITERATURE John Pencavel, Managing Editor Moses Abramovitz, Drucilla Ekwurzel, Alexander J. Field, Associate Editors Linda C. Scott, Assistant Editor; Asatoshi Maeshiro, Editorial Consultant Carolyn Shaw Bell David F. Bradford Robert Eisner Duncan K. Foley Victor R. Fuchs BOARD OF EDITORS Jack Hirshleifer David E. W. Laidler Stephen R. Lewis, Jr. Richard C. Marston Thomas Mayer Roger G. Noll Robert A. Poliak John K. Whitaker Oliver E. Williamson CONSULTING EDITORS Augusto Graziani Ryutaro Komiya Edmond Malinvaud Göran Ohlin Volume XXIVDecember 1986Number 4 ARTICLES The Hungarian Reform Process: Visions, Hopes, and Reality János Kornai 1687 The Factor Market Consequences of U.S. Immigration Michael J. Greenwood and John M. McDowell 1738 COMMUNICATIONS Comment: P. A. Samuelson, “Thiinen at Two Hundred”........................Robert Dorfman 1773 Yes to Robert Dorfman’s Vindication of Thiinen’s Natural-Wage Derivation..............................................................................................Paul A. Samuelson 1777 BOOK REVIEWS Ando, Albert; Blume, Marshall E. and Friend, Irwin. The structure and reform of the U.S. tax system..........................................Jane G. Gravelle 1825 Ando, Albert; Eguchi, Hidekazu; Farmer, Robert and Suzuki, Yoshio, eds. Monetary policy in our times: Proceedings of the first international conference held by the Institute for Monetary and Economic Studies of the Bank of Japan.....................................William G. Dewald 1821 Arndt, Helmut. Economic theory vs economic reality. Translated by William A. Kirby............................................................................................Tracy Mott 1790 Arrow, Kenneth J. and Honkapohja, Seppo, eds. Frontiers of economics..................................................................................................Edward J. Green 1786 Bahl, Roy. Financing state and local government in the 1980s.........Robert P. Inman 1826 Anthony B. Atkinson Herbert Giersch

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