"I did not call him "Fritz." To me he remained always "Professor Hayek," despite his own graciousness in treating me as a peer. I shall not attempt to evaluate Professor Hayek's monumental contribution to our understanding of the events of this turbulent century, to the influence of his ideas on these events themselves or even to the development of economic theory in a strictly scientific sense."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Nobel laureates from the United StatesLibertarians from the United StatesEconomists from the United StatesNobel laureates in EconomicsPeople from Tennessee
Original Language: English
Available Languages (1)
Sources
"I did not call him “Fritz”: Personal recollections of Professor F. A. v. Hayek." Constitutional Political Economy 3.2 (1992): 129-135.
https://en.wikiquote.org/wiki/James_M._Buchanan
Revision History
No revisions have been submitted for this quote.
Categories
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.
14 quotes on TrueQuotesView all quotes by James M. Buchanan →
Related Quotes
"Unlike Kenneth J. Arrow or Robert M. Solow, Buchanan is not a puzzle solver, but rather a system builder, someone who…"
"Buchanan’s work changed political economy in fundamental ways. Thanks to him and his colleagues, three things are tru…"
"The basic idea of Buchanan's constitutional economics was that public decision really comes in two stages, not one: t…"
"The basic concern of Buchanan (e.g. Buchanan, 1975) is to deny that a libertarian position requires the making of eth…"
"His great mind is now still, but he lives on in the ideas he passed on to his students, colleagues, and friends. It h…"
"In short, if Buchanan's argument was that liberal demands for an ever expanding welfare state would lead to chronic d…"
"Individuals do not act so as to maximize utilities described in independently-existing functions. They confront genui…"
"I see at least six James Buchanans: 1. The brilliant academic thinker behind the genius insights of Calculus of Conse…"
"1. He developed the “theory of clubs,” which sets out the conditions under which private associations supply excludab…"
"Well, we haven’t learnt yet to live together peacefully... But I don’t know what progress really means. Anyway, I thi…"