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James Buchanan
1919-2013
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complete name  James McGill Buchanan, Jr
nobel prize  economics
award year  1986
prize share  Prize share: 1/1
rational  The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986 was awarded to James M. Buchanan Jr. "for his development of the contractual and constitutional bases for the theory of economic and political decision-making."
biography  Biography
laureate facts  Facts
given name  James
family name  Buchanan
occupation  economist
occupation  university teacher
field of work  economist
work location  George Mason University, 4400 University Dr, Fairfax, VA, 22030-4444, United States of America
description  James McGill Buchanan, Jr was an American economist known for his work on public choice theory (included in his most famous work The Calculus of Consent), 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 member (and for a time the President) of the Mont Pelerin Society, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University.
pronunciation  (/bjuːˈkænᵻn/)
image copyright  Photo from the Nobel Foundation archive.
image citation  The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986. NobelPrize.org. Nobel Media AB 2018. <https://www.nobelprize.org/prizes/economic-sciences/1986/summary/>
date birth  1919
date death  2013
usual name  James Buchanan