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File:James_Buchanan_by_Atlas_network.jpg · Wikimedia Commons · See Wikimedia Commons

EntityQ205353· pop 66· linked from 709 articles

James M. Buchanan

Also known as James McGill Buchanan, Jr., James McGill Buchanan, J. M. Buchanan, James McGill Buchanan Jr., James M. Buchanan, Jr., James M. Buchanan Jr.

American economist, recipient of the Nobel Memorial Prize for Economics (1919–2013)

AI overview

James M. Buchanan was an American economist who won the Nobel Memorial Prize in Economics and developed influential theories about how political decisions are made from an economic perspective. His work matters because it fundamentally changed how people understand the relationship between economics and politics by applying economic analysis to government and public choice.

AI-generated from the Wikipedia summary — may contain errors.

In the Vinony graph

Vinony catalogs James M. Buchanan in its Nobel Prize in Economics collection (99 entries). It also appears in American Academy of Arts & Sciences.

Vinony's link graph records 709 inbound references to James M. Buchanan, and connects out to University of California, Los Angeles, Robert Solow and list of laureates of Prize in Economic Sciences in Memory of Alfred Nobel.

Vinony files it under 1919 births, 2013 deaths and 20th-century American economists.

Vinony links it to 61 Wikipedia language editions.

Person · Open Library

Born: 1919
Died: 2013
Works: 86

Top works

Fiscal equity in a federal state
The economists' vision
Ethik des Kapitalismus
Die Begrundung Von Regeln
Calculus of Consent

via Open Library + Wikidata

Music · MusicBrainz

Type: Person
Gender: Male
Origin: United States

Discography

Discogs

via MusicBrainz · CC0

Listeners · Last.fm

Listeners: 1
Total plays: 1

via Last.fm · James M. Buchanan

Recent publications · Crossref

5 total works indexed

The PRISMA 2020 statement: an updated guideline for reporting systematic reviews
· 2021 · cited 85,293x
Special points for Brillouin-zone integrations
· 1976 · cited 68,322x
Fiji: an open-source platform for biological-image analysis
· 2012 · cited 66,908x
SciPy 1.0: fundamental algorithms for scientific computing in Python
· 2020 · cited 36,569x
Structural equation modeling in practice: A review and recommended two-step approach.
· 1988 · cited 31,725x

via Crossref · CC0

Quotes

“I did not call him "Fritz." To me he remained always "Professor Hayek," despite his own graciousness in treating me as a peer. I shall not attempt to evaluate Professor Hayek's monumental contribution to our understanding of the events of this turbulent century, to the influence of his ideas on these events themselves or even to the development of economic theory in a strictly scientific sense.”
“The hard core in public choice can be summarized in three presuppositions: (1) methodological individualism, (2) rational choice, and (3) politics-as-exchange.”
“A version of the old fable about the king's nakedness may be helpful here. Public choice is like the small boy who said that the king really has no clothes. Once he said this, everyone recognized that the king's nakedness had been recognized, but that no-one had really called attention to this fact.”
“Economics is the study of the whole system of exchange relationships. Politics is the study of the whole system of coercive or potentially coercive relationships.”

via Wikiquote · CC BY-SA

Nobel Prize

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1986
“for his development of the contractual and constitutional bases for the theory of economic and political decision-making”

NobelPrize.org →

Wikidata facts

Image: James Buchanan by Atlas network.jpg

Show 4 more facts

date of birth: 1919-10-03
date of death: 2013-01-09
Commons category: James M. Buchanan
name in native language: James McGill Buchanan Jr.

Sources (8)

via Wikidata · CC0

~40 min read

Encyclopedic overview

James McGill Buchanan Jr. (/bjuːˈkænən/ bew-KAN-ən; October 3, 1919 – January 9, 2013) was an American economist known for his work on public choice theory originally outlined in his most famous work, The Calculus of Consent, co-authored with Gordon Tullock in 1962. He continued to develop the theory, eventually receiving 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 of the Mont Pelerin Society (MPS) and MPS president from 1984 to 1986, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University.

Excerpted from Wikipedia’s “James M. Buchanan” article, available under the CC BY-SA 4.0 licence.