James M. Buchanan

James M. Buchanan
1919 - 2013
James M. Buchanan  American Economist
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93
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James M. Buchanan is a member of the following lists: American libertarians, 1919 births and Middle Tennessee State University alumni.

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Details

First Name James
Middle Name M.
Last Name Buchanan
Birthday 3rd October, 1919
Birthplace Murfreesboro, Tennessee
Died 9th January, 2013
Place of Death Blacksburg, Virginia, U.S.
Buried Cremated, Ashes given to family or friend
Zodiac Sign Libra
Nationality American
Occupation Economist

James McGill Buchanan Jr. (; October 3, 1919 – January 9, 2013) was an American economist known for his work on public choice theory (included in his most famous work, co-authored with Gordon Tullock, The Calculus of Consent, 1962), for which he received the Nobel Memorial Prize in Economic Sciences in 1986. Buchanan's work initiated research on how politicians' and bureaucrats' self-interest, utility maximization, and other non-wealth-maximizing considerations affect their decision-making. He was a member of the Board of Advisors of The Independent Institute as well as of the Institute of Economic Affairs, a member (and for a time president) of the Mont Pelerin Society, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University.

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