Person

James M. Buchanan

1919 – 2013 · aged 94

American economist, recipient of the Nobel Memorial Prize for Economics (1919–2013)

Born
3 Oct 1919 · Murfreesboro
Died
9 Jan 2013 · Blacksburg

Life timeline

Their life from birth to death. On the timeline, world events of the time are shown faintly.

Showing 108 years
  1. 3 Oct 1919BornBorn in Murfreesboro
  2. 1986AwardPrize in Economic Sciences in Memory of Alfred Nobel
  3. 1987AwardHonorary doctor of the University of Valencia
  4. 1988AwardAdam Smith Award
  5. 1996AwardHonorary doctorate of the University of Valladolid
  6. 2006AwardNational Humanities Medal
  7. 9 Jan 2013DiedDied in Blacksburg

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Meanwhile in the world

Major world events during their lifetime (1919 – 2013).

  1. 1919 – 1920Paris Peace Conference
  2. 1920Treaty of Versailles
  3. 1933 – 1945The Holocaust
  4. 19341934 FIFA World Cup
  5. 19361936 Summer Olympics
  6. 1937 – 1945Second Sino-Japanese War
  7. 19381938 FIFA World Cup
  8. 1938Munich Agreement
  9. 1939 – 1940Winter War
  10. 1939 – 1945World War II
  11. 1940 – 1945Auschwitz concentration camp
  12. 1941Attack on Pearl Harbor
  13. 1941 – 1945Eastern Front
  14. 1941Operation Barbarossa
  15. 1942 – 1943Battle of Stalingrad
  16. 1945Atomic bombings of Hiroshima and Nagasaki
  17. 1945 – 1946Nuremberg trials
  18. 19501950 FIFA World Cup
  19. 1950 – 1953Korean War
  20. 1953 – 1959Cuban Revolution
  21. 19541954 FIFA World Cup
  22. 1955 – 1975Vietnam War
  23. 1956Hungarian Revolution of 1956
  24. 1956Suez Crisis
  25. 19581958 FIFA World Cup
  26. 1959Antarctic Treaty System
  27. 19621962 FIFA World Cup
  28. 1962Cuban Missile Crisis
  29. 19661966 FIFA World Cup
  30. 1966 – 1976Cultural Revolution
  31. 1968Prague Spring
  32. 1969Apollo 11 Moon landing
  33. 19721972 Summer Olympics
  34. 19741974 FIFA World Cup
  35. 19781978 FIFA World Cup
  36. 1978 – 1979Iranian Revolution
  37. 1979 – 1989Soviet–Afghan War
  38. 1980 – 1988Iran–Iraq War
  39. 19841984 Summer Olympics
  40. 1985Schengen Agreement

Biography

James McGill Buchanan Jr. ( bew-KAN-ən; October 3, 1919 – January 9, 2013) was an American economist known for his work on public choice theory originally outlined in his most famous work, The Calculus of Consent, co-authored with Gordon Tullock in 1962. He continued to develop the theory, eventually receiving the Nobel Memorial Prize in Economic Sciences in 1986.

Buchanan's work initiated research on how politicians' and bureaucrats' self-interest, utility maximization, and other non-wealth-maximizing considerations affect their decision-making. He was a member of the Board of Advisors of The Independent Institute as well as of the Institute of Economic Affairs, a member of the Mont Pelerin Society (MPS) and MPS president from 1984 to 1986, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University.

Text from the Wikipedia article James M. Buchanan, CC BY-SA 4.0

About this information

Dates and life events come from this person’s Wikidata entry.

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