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James M. BuchananFrom Wikipedia, the free encyclopedia
James McGill Buchanan, Jr. (born October 3, 1919) is an American economist known for his work on public choice theory, for which he won the 1986 Nobel Memorial Prize in Economic Sciences. Buchanan's work initiated research on how politicians' self-interest and non-economic forces affect government economic policy.
BiographyBuchanan graduated from Middle Tennessee State Teachers College, Murfreesboro in 1940. He completed his M.S. from the University of Tennessee in 1941. He spent the war years on the staff of Admiral Nimitz in Honolulu, and it is during that time he met and married his wife Anne. He received his Ph.D. from the University of Chicago in 1948 where he was much influenced by Frank H. Knight. It was also at Chicago that he read for the first time and found enlightening the work of Knut Wicksell. Photographs of Knight and Wicksell have hung from his office-walls ever since. Buchanan has been the founder of a new Virginia school of political economy. He was at the University of Virginia (founding the Thomas Jefferson center), UCLA, Florida State University, the University of Tennessee, and the Virginia Polytechnic Institute (with the Center for the Study of Public Choice]). In 1983 he moved to George Mason University with the Center to its new home at GMU.[1] Buchanan's work includes extensive writings on public finance, the public debt, voting, rigorous analysis of the theory of logrolling, macroeconomics, and libertarian theory. List of publications
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Categories: American economists | American libertarians | American Nobel laureates | American political theorists | Austrian School economists | American people of Scottish descent | Libertarian economists | Libertarian theorists | Middle Tennessee State University alumni | Minarchists | Mont Pelerin Society members | Nobel laureates in Economics | Florida State University faculty | George Mason University faculty | University of Chicago alumni | 1919 births | Living people | People from Murfreesboro, Tennessee |
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