James M. Buchanan

John Meadowcroft*

*Corresponding author for this work

Research output: Book/ReportBookpeer-review

14 Citations (Scopus)


James McGill Buchanan (1919 - 2013) was an American economist best known as a pioneer of public choice theory. A founder of the new Virginia school of political economy, he made extensive contributions to the theory of public finance, constitutional economics, rent-seeking, and the economic analysis of politics. Buchanan's work offered a scientific basis for conservative and libertarian political endeavors such as a constitutional amendment to balance the federal budget. He was awarded the Nobel Prize in Economics in 1986.

Original languageEnglish
PublisherBloomsbury Academic, an imprint of Bloomsbury Publishing Plc
Number of pages193
ISBN (Electronic)9781441141484
ISBN (Print)9780826430809
Publication statusPublished - 27 Jan 2011


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