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James M. Buchanan
Sign in to saveAlso 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)
OverviewAI-generated
James McGill Buchanan Jr. (1919–2013) was an American economist and university teacher. Born in Murfreesboro and dying in Blacksburg, he held positions at George Mason University, Florida State University, the University of Virginia, and the University of Florida. His doctoral advisor was Frank Knight, and he taught students including Charles Plott and Randall G. Holcombe.
Buchanan received the Prize in Economic Sciences in Memory of Alfred Nobel and the National Humanities Medal. He was a member of the American Academy of Arts and Sciences, the Mont Pelerin Society, and the Accademia Nazionale dei Lincei. His written works include *Fiscal equity in a federal state*, *The economists' vision*, *Ethik des Kapitalismus*, *Die Begrundung Von Regeln*, and *Calculus of Consent*.
Synthesized by Vinony from 40 facts across 8 sources: Wikidata, Crossref, Open Library, MusicBrainz, Last.fm, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.
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”
Wikidata facts
- Instance of
- human
- Gender
- male
- Citizenship
- United States
- Place of birth
- Murfreesboro
- Place of death
- Blacksburg
- Occupation
- university teacher
- Educated at
- Middle Tennessee State University
- Employer
- University of Florida
- Languages spoken
- English language
- Doctoral advisor
- Frank Knight
- Field of work
- economist
- Image
- James Buchanan by Atlas network.jpg
Show 8 more facts
- date of birth
- 1919-10-03
- date of death
- 2013-01-09
- Commons category
- James M. Buchanan
- member of
- Accademia Nazionale dei Lincei
- name in native language
- James McGill Buchanan Jr.
- different from
- James Buchanan
- writing language
- English language
- interested in
- economics
Sources (8)
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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.
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