James M. Buchanan Jr.

James M. Buchanan Jr., Nobel Laureate

Born: 1919-10-03 in Murfreesboro, TN, USA

Gender: male

Field: American economist and Nobel Laureate (1919–2013)

Biography

James McGill Buchanan Jr. 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.

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Nobel Prize Details

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986

Awarded on: 1986-10-16

"for his development of the contractual and constitutional bases for the theory of economic and political decision-making"

Affiliations:

  • Center for Study of Public ChoiceFairfax, VA, USA