RIP James M. Buchanan (October 3, 1919 – January 9, 2013)

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!

Hayek and Buchanan: Rawls, Egalitarianism and Social Justice

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”

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Rest in Peace James M. Buchanan

(October 3, 1919 – January 9, 2013)

Videoconference: Austrian Perspective on the Great Recession and its Aftermath (Socratic Seminar)

Gene Epstein
Gene Epstein is Barron’s economics editor and author of the column “Economic Beat”. Previously, he was senior economist at the New York Stock Exchange, and has taught at the City University of New York and St. John’s University. Epstein holds a MA in economics from the New School and a BA in history from Brandeis University. He is author of the book Econospinning: How to Read between the Lines when the Media Manipulate the Numbers.