János Kornai is Prof. em. for Economics at Harvard University and Permanent Fellow at the Collegium Budapest – Institute for Advanced Study. He is a member of the Hungarian Academy of Sciences and the Academia Europeae, and Foreign Member of the American, British, Bulgarian, Finnish, Russian and Swedish Academies. He has served as President of the Econometric Society, of the European Economic Association, and of the International Economic Association. He has received the highest Hungarian prizes for scholarship, as well as the Seidman Award (USA), the Humboldt Prize (Germany), the Erasmus Medal (Academia Europeae) and the Leontief Medal (Russia). He has received honorary doctorates from 14 universities.