Product Description
by John Meadowcroft (Author)
James McGill Buchanan (1919 - 2013) was an American economist best known as a pioneer of public choice theory. A founder of the new Virginia school of political economy, he made extensive contributions to the theory of public finance, constitutional economics, rent-seeking, and the economic analysis of politics. Buchanan's work offered a scientific basis for conservative and libertarian political endeavors such as a constitutional amendment to balance the federal budget. He was awarded the Nobel Prize in Economics in 1986.
Author Biography
Dr. John Meadowcroft is Senior Lecturer in Public Policy and Head of the Department of Political Economy at King's College London, UK. He is the author of The Ethics of the Market (2005) and co-author of Rescuing Social Capital from Social Democracy (2007).
