Nobel laureate and Classical Liberal economist James M. Buchanan has died today. He was one of the most important economist of the 20th. Century and will be long remembered for his work on the principles of economic self-interest and their use to understand why politicians do what they do.
He received a Doctor Honoris Causa Degree from my home university at Universidad Francisco Marroquin in 2001 (link to video of his visit to UFM) and his books were some of the most important ones in my education during my college years. At UFM I learned about Buchanan with Carrol Rios de Rodriguez. Prof. Rodriguez is one of my favorite teachers and she was the former Director of the a Center for the Study of Public Choice, where the ideas of Buchanan and Tullock first were taught to me.
Here are some interviews to remember the work of this great man and I invite you all to read his books and continue learning!
James Buchanan on Chicago School Thinking: Old and New
James M. Buchanan on Economists and the Great Recession
James M. Buchanan on “Institutional Sources of America’s Fiscal Tragedy”
Rest in Peace James M. Buchanan
(October 3, 1919 – January 9, 2013)
- Nobel Prize Winning Economist James Buchanan, R.I.P. (reason.com)
- Public Choice Theorist James Buchanan Has Died (economicpolicyjournal.com)
- Happy Birthday, James M. Buchanan (cafehayek.com)
- The Economic Emperors Have No Clothes: The Brilliance of James Buchanan (coordinationproblem.org)