The Philosopher
James M. Buchanan
The face
The background
- Nationality:
- American
- Branchs:
- Public choice theory, Constitutional economics, Public finance, Public goods, Public philosophy, Political economy, Libertarian theory
- Period:
- 20th century
The synopsis
The works
The Calculus of Consent
The Pure Theory of Government Finance: A Suggested Approach
Federalism and Fiscal Equity
Public Debt in a Democratic Society
The Limits of Liberty: Between Anarchy and Leviathan
Democracy in Deficit
Cost and Choice
What Should Economists Do?
The Demand and Supply of Public Goods
Academia in Anarchy
Freedom in Constitutional Contract
The Power to Tax
The Reason of Rules
Liberty, Market and State
Why I, Too, Am Not a Conservative: The Normative Vision of Classical Liberalism
The quotes
One of the most exciting intellectual moments of my career was my 1948 discovery of Knut Wicksell's unknown and untranslated dissertation, 'Finanztheoretische Untersuchungen,' buried in the dusty stacks of Chicago's old Harper Library.
In 1987, the United States celebrates the bicentennial anniversary of the constitutional convention that provided the basic rules for the American political order. This convention was one of the very few historical examples in which political rules were deliberately chosen.
The eighteenth century discovery that, in an institutional framework that facilitates voluntary exchanges among individuals, this process generates results that might be evaluated positively, produced 'economics,' as an independent academic discipline or science.