"His great mind is now still, but he lives on in the ideas he passed on to his students, colleagues, and friends. It has been said that only poets and songwriters are immortal, but as an economist, Jim’s work surely approaches immortality because it will continue to be read and discussed throughout time to come. We still read Adam Smith (at least some of us), and it is a good bet that over 200 years from now, young scholars will pore over Jim’s articles and books in search of ideas, insights, and inspiration. This may not be an eternity, but it is a very long half-life. Better yet, maybe some future political generation will see fit to put our fiscal house in order and in so doing pay homage to our memory of Jim Buchanan. Rest in peace."
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Nobel laureates from the United StatesLibertarians from the United StatesEconomists from the United StatesNobel laureates in EconomicsPeople from Tennessee
Original Language: English
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Sources
Robert D. Tollison, "James M. Buchanan: In Memoriam", Southern Economic Journal, 2013, 80(1), 1–4
https://en.wikiquote.org/wiki/James_M._Buchanan
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James M. Buchanan
James McGill Buchanan, Jr. (3 October 1919 – 9 January 2013) was an American economist known for his work on public choice theory, who was awarded the 1986 Nobel Prize in Economics.
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