I was surprised to see James Buchanan characterized in the New York Times as “an austere man with a severe aspect that many students found intimidating.” I was never a student of his, but the James Buchanan I had the pleasure of getting to know as a guest at numerous meetings of the Mont...
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Paul Krugman has made a tongue-in-cheek proposal that has set tongues wagging—having the U.S. Treasury Department mint a $1 trillion platinum coin in order to circumvent the federal debt ceiling. Actually, Krugman was not the first to propose this solution he himself calls “silly” but he has given it wider exposure. In these weird...
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James M. Buchanan, who was awarded the Nobel Prize in economics in 1986 for his pioneering work that developed the field of public choice, passed away on January 9, 2013, at age 93. Buchanan’s work has had a major influence in academic economics and beyond, and he was one of the twentieth century’s leading...
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James M. Buchanan, one of the past century’s most distinguished economists and most compelling champions of free markets, died earlier today at age 93. His professional career spanned more than sixty years, during which he wrote extensively on public finance, economic philosophy, and other topics in related areas. With Gordon Tullock, he founded a...
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Today, the Supreme Court hears argument in Missouri v. McNeely. The issue presented is whether a police officer may obtain a nonconsensual and warrantless blood sample from a driver the officer believes is drunk. The petition for certiorari can be found here. Essentially, the cops stopped McNeely late at night and McNeely did poorly on...
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