In February 1956, he wrote the article in Pravda that rehabilitated Bela Kun. But the new men in power in the Kremlin believing in the virtues of peaceful co-existence were not interested in Varga's predictions of the outbreak of a "necessary" economic crisis in the United States. After his death, his selected works in three volumes were published in the Soviet Union, Hungary, and East Germany. Varga never returned to living in his native Hungary. Because he was very close to Mátyás Rákosi, he was several times invited as an economic advisor to Hungary. In this period (1945-1950) he had specialized in economic planning, pricing and monetary reforms, i.e. reforms the Hungarian Communists now in power were carrying out. After the fall of Rákosi caused by the Hungarian Revolution of 1956 and the take-over by the Kádár team, Varga's advisory work was not appreciated anymore. Awards Three Orders of Lenin (1944, 1953, 1959) Order of the Red Banner of Labour (1945) Medal "For Valiant Labour in the Great Patriotic War 1941–1945" (1945) Lenin Prize (1963) Footnotes Further reading Gerhard Duda, Jeno Varga und die Geschichte des Instituts für Weltwirtschaft und Weltpolitik in Moskau 1921-1970. Berlin, 1994. Charlene Gannage, "E. S. Varga and the Theory of State Monopoly Capitalism," Review of Radical Political Economics, vol. 12, no. 3 (Fall 1980), pp. 36–49. Peter Knirsch, Eugen Varga. Berlin, 1961. Laszlo Tikos, E. Vargas Tätigkeit als Wirtschaftsanalytiker und Publizist in der ungarischen Sozialdemokratie, in der Konimtern, in der Akademie der Wissenschaften der UdSSR. Tübingen, 1965. André Mommen, Eens komt de grote crisis van het kapitalisme. Leven en werk van Jeno Varga. Brussels, 2002. André Mommen, Stalin's Economist. The Economic Contributions of Jenö Varga. London: Routledge, 2011. External links Eugen Varga on Marxist Internet Archive Twentieth Century Capitalism by Varga, 1962. Politico-Economic Problems of Capitalism by Varga, 1968. 1879 births 1964 deaths 20th-century Hungarian politicians Politicians from Budapest Budapest University alumni Full Members of the USSR Academy of Sciences Members of the German Academy of Sciences at Berlin Members of the Vienna Psychoanalytic Society Lenin Prize winners Recipients of the Order of Lenin Recipients of the Order of the Red Banner of Labour Comintern people Finance ministers of Hungary Marxist theorists Hungarian communists Hungarian economists Hungarian emigrants to the Soviet Union Hungarian Jews Hungarian revolutionaries Jewish socialists Russian socialists Soviet economists Burials at Novodevichy Cemetery