Breaking Promises: Hungarian Experience

János Kornai

Voprosy Ekonomiki, 2013, issue 8

Abstract: The article analyzes the role of promises and obligations in economic life, delineates the major types of obligations and shows the devastating consequences of breaking the promises. Various additional circumstances are also considered that have to be accounted for in the balanced judgment of the situations in which the obligations are not met. The examples of breaking promises, logics of such a breaking and the factors precluding it are discussed in the ethical and political contexts as well.

Date: 2013
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Working Paper: Breaking promises. The Hungarian experience (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2013:id:567

DOI: 10.32609/0042-8736-2013-8-123-142

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