Search Results for "buchanan"

Easterly, Buchanan, Hayek, and Economic Development



When I was an undergraduate student, the vast majority of my readings came from textbooks. For several years I looked at supply and demand graphs, calculated unemployment rates and elasticities, and answered questions about how changes in particular variables would impact inflation and economic growth according to various models. During my senior year, however, our economic...
Read More »

Debunking Democracy with James M. Buchanan



Among the first questions young people ask upon their political awakening is one that should concern Americans of all ages: Why don’t democratic governments operate the way our civic classes taught us? Perhaps no one of his generation thought more deeply about this question than the economist James M. Buchanan (1919–2013). The late Nobel...
Read More »

Stream of Conciousness Ramblings, Somewhat Related to James M. Buchanan



A bottle of Jack Daniels is sitting on our kitchen counter, the result of a fire in our microwave oven. The oven was destroyed so we ordered a replacement, which was supposed to be installed a few days ago, but the installers who showed up couldn’t get the new oven into the spot where...
Read More »

Nixon and Buchanan: Power versus Principle



James M. Buchanan toiled in the academic trenches for more than half a century, plowing vital new ground that advanced our understanding of the untamed beast that is government (and, by extension, the rascals who grasp at its reins). His passing yesterday should be a solemn occasion for all who value a free and...
Read More »

Remembering James Buchanan



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...
Read More »

James M. Buchanan: 1919-2013



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...
Read More »

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



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...
Read More »

Tax Reform Is a Scam: Tell Us What We Really Pay!



In another post, Randall Holcombe rightly notes the pressing need for tax reform. Holcombe argues that Trump’s proposed tax reform is “an improvement over the current system.” That may be true; time will tell. Yet, today my news feed reports nonchalantly that the Republican Congress passed a budget in excess of $4 trillion. That...
Read More »

Public Choice Analysis a Scheme for Imposing Racist Oligarchy on the USA? Preposterous!



Public choice analysis shows, among many other things, that organized political interests will tend to dominate the political process at the expense of the unorganized members of society. This is not a claim that “the rich” will necessarily dominate “the poor” in the political process, although the rich obviously have an advantage in influencing...
Read More »

Writers Who Cannot Swim Should Stay Out of the Deep Water



I am a fan of astrophysicist Alex Filippenko, a famous prof at UC Berkeley. When I was homeschooling my stepson John Allen Hunley, we used a huge set of DVD’s in which Filippenko presents a fascinating intro course on astronomy and astrophysics. He is a wonderful teacher. My point here, however, is that in...
Read More »

  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org