A Report to the Committee on the Nobel Prize in Economic Science, 1985: The Contributions of James M. Buchanan to Economics and Political Economy

Claremont Graduate University
Source: RePEc


Buchanan's contributions through 1984 are surveyed in six areas: (A) debt, fiscal illusion, and Keynesian criticisms, (B) London School of Economics cost approach, (C) methodological individualism and the economics of politics, (D) welfare price theory, (E) rent-seeking and polity failure, and (F) political economy and constitutions. A comprehensive bibliography of ten books, four monographs, forty-three refereed articles, thirty essays in books, ten short papers, thirty-three papers in collected works, and a translation is offered.

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