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  5. On James Buchanan's Contributions to Public Economics

On James Buchanan's Contributions to Public Economics

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Abstract

The 1986 Nobel Prize in economic science was awarded to James Buchanan. What the Nobel committee recognized in making its award was Buchanan's central role in the gradual transformation of the way economists and political scientists study governments and their relationship to the governed. In this essay, I will focus on Buchanan's contributions to public economics, especially his linking of economic and political concerns. Table 1 lists the 21 works by James Buchanan cited in this essay.

Citation

Romer, Thomas. 1988. "On James Buchanan's Contributions to Public Economics." Journal of Economic Perspectives, 2 (4): 165-179. DOI: 10.1257/jep.2.4.165

JEL Classification

  • 032 History of Economic Thought--Individuals
  • 025 Social Choice--General
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