James M. Buchanan Jr.
Nobel Prize laureate in Economic Sciences 1986
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James M. Buchanan Jr. was born on October 3, 1919, in Murfreesboro, Tennessee, USA. An influential economist, he was awarded the Nobel Prize in Economic Sciences in 1986 for his development of the contractual and constitutional bases for the theory of economic and political decision-making. His contributions have profoundly influenced the understanding of institutions and decision-making processes. Buchanan passed away on January 9, 2013.
Frequently asked
- Who is James M. Buchanan Jr.?
- James M. Buchanan Jr. was born on October 3, 1919, in Murfreesboro, Tennessee, USA. An influential economist, he was awarded the Nobel Prize in Economic Sciences in 1986 for his development of the contractual and constitutional bases for the theory of economic and political decision-making. His contributions have profoundly influenced the understanding of institutions and decision-making processes. Buchanan passed away on January 9, 2013.
- In what year did James M. Buchanan Jr. win the Nobel Prize?
- 1986 — Economic Sciences