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James M. Buchanan
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James M. Buchanan

American economist and educator
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Also known as: James McGill Buchanan
Last Updated: • Article History
Category: History & Society
In full:
James McGill Buchanan
Born:
October 2, 1919, Murfreesboro, Tennessee, U.S.
Died:
January 9, 2013, Blacksburg, Virginia (aged 93)
Awards And Honors:
Nobel Prize (1986)
Notable Works:
“The Calculus of Consent: Logical Foundations of Constitutional Democracy”
Subjects Of Study:
public-choice theory
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James M. Buchanan (born October 2, 1919, Murfreesboro, Tennessee, U.S.—died January 9, 2013, Blacksburg, Virginia) was an American economist and educator who received the Nobel Prize for Economics in 1986 for his development of the “public-choice theory,” a unique method of analyzing economic and political decision making. Buchanan attended Middle Tennessee State College (B.S., 1940), the University of Tennessee (M.A., 1941), and—after five years in the navy—the University of Chicago (Ph.D., 1948). He taught at a number of universities from 1950 to 1969. From 1969 to 1983 he was Distinguished Professor of Economics at the Virginia Polytechnic Institute, and starting ...(100 of 245 words)

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