James M. Buchanan Quotations

  • James M. Buchanan


    James McGill Buchanan, Jr.was an American economist known for his work on public choice theory, for which he received the Nobel Memorial Prize 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, a memberof the Mont Pelerin Society, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University... (wikipedia)

    • Died On 1/9/2013

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