James buchanan economist biography of alberta
James M. Buchanan's Contributions to Economics!
James buchanan economist biography of alberta
James M. Buchanan
For the 15th president of the United States, see James Buchanan.
James McGill Buchanan, Jr. (October 3, 1919 – January 9, 2013) was an American economist and educator.
He is known for his public choice theory. His theories helped scientists figure out political science. Buchanan won the Nobel Prize in Economics in 1968 for his theory.
Early life
[change | change source]Buchanan was born on October 3, 1919 in Murfreesboro, Tennessee.
His ancestry includes Scottish and Irish.
Filipino economist biography
He was raised in Chicago, Illinois and in Murfreesboro, Tennessee. Buchanan studied at University of Chicago, at the University of Tennessee, and at the State Teachers College, Murfreesboro.
Ideas
[change | change source]Buchanan is the founder of a new Virginia school of political economy.
Buchanan is largely responsible for the rebirth of political economy in the second half of 20th century.[2] The term "constitutional economics" was used by James M. Buchanan as