"Severe inequality undermines political stability, and political stability is foundational for financial market develo…"

"In his 1975 book, The Limits of Liberty, Buchanan returned to the study of constitutions, but now approached them wit…"

"When looking at the two streams of research these men produced, it is tempting to characterize Buchanan as a somewhat…"

"Gordon Tullock, on the other hand, might be characterized as the somewhat cynical pragmatist, who set out to understa…"

"James Buchanan … produced several seminal contributions to the literature prior to the appearance of The Calculus, an…"

"Each person acts on the assumption that more money will bring more happiness; and, indeed, if he does get more money,…"

"The post-Keynesian and institutionalist traditions have lost one of their most creative theorists and fervent supporters"

"A relentless battler against conservative, unscientific economic orthodoxy"

"After his doctorate, the situation created by the decline of McCarthyism and the rise of the civil-rights and antiwar…"

"His path led him to the conviction that the typical enterprise in 20th century capitalism is oligopolistic, with a cl…"