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Economics as moral exchange: James Buchanan meets Martin Buber
In this article, we examine the methodological writings of James M. Buchanan and relate them to those of the moral philosopher, Martin Buber. We...
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Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics
In her 2017 book Democracy in Chains, historian Nancy MacLean identifies John C. Calhoun as the “lodestar” of public choice theory and argues that...
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James M. Buchanan on “the relatively absolute absolutes” and “truth judgments” in politics
Perhaps the most important element of James Buchanan’s contribution to constitutional economics is his differentiation between pre- and...
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James M. Buchanan centennial birthday academic conference: an introduction to the special issue
This special issue brings together the papers presented and discussed at the James M. Buchanan Centennial Birthday Academic Conference hosted at...
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James M. Buchanan and Frank H. Knight on democracy as “government by discussion”
Among twentieth century inheritors of the classical liberal mantle, the notion that democracy could be understood as “government by discussion” is...
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From subjectivism to constitutionalism: the intellectual journey of James M. Buchanan through his Italian heroes
Based primarily on personal conversations with James M. Buchanan, this paper outlines three fundamental aspects of the Italian tradition found in...
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Where Chicago meets London: James M. Buchanan, Virginia Political Economy, and cost theory
James M. Buchanan argued that not only the study of public choice, but also property-rights economics as well as law and economics, can be traced...
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James M. Buchanan’s constitutional project: past and future
A substantial amount of James Buchanan’s academic work was devoted to his constitutional project: the development of procedures for designing...
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The real purpose of the program: a case study in James M. Buchanan’s efforts at academic entrepreneurship to “save the books” in economics
Using archival material from the Thomas Jefferson Center for the Study of Political Economy and first-person recollections from relevant figures, we...
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Can a contractarian be a paternalist? The logic of James M. Buchanan’s system
At various points in his work, James Buchanan mentions favorably the idea of private constitutional choice, that is, it can be rational for a...
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Buchanan at the American Founding: the constitutional political economy of a republic of equals and unequals
James M. Buchanan cited the American Founding as an important inspiration for his constitutional vision. Buchanan and the Founders shared a belief in...
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The institutional structure of pollution: large-scale externalities and the common law
This paper revisits a long-standing discussion surrounding the efficacy of the common law versus government intervention in addressing large-scale...
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Community, Pluralism, and Public Reason: An Entangled Analysis of Early Modern England
James Buchanan recognized that governing arrangements were certified by a constitutional moment. He also recognized that there existed a continual...
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Economics in Chicago and the New Chicago School
The chapter deals with the New Chicago School in Chicago, around a group of economists like George Stigler, Milton Friedman, Ronald Coase and Gary...
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Chicago Political Economy and Its Virginia Cousin
This chapter explores the Chicago origin of two forms of contemporary political economy. One form was initiated at Chicago through George Stigler....
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Apple Trees for Firewood: James Buchanan’s Case for a Balanced Budget Amendment in the Context of U.S. Fiscal Policy
Throughout his academic career James Buchanan was deeply concerned about the proclivity of constitutional democracies to go into debt. He feared that...
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The logical foundations of constitutional democracy between legal positivism and natural law theory
Rejecting all knowledge claims concerning right and wrong in matters practical James Buchanan concurred with legal positivism that invalid law cannot...