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  3. Journal of Economic Perspectives
  4. Fall 1988
  5. On James Buchanan's Contributions to Public Economics

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

On James Buchanan's Contributions to Public Economics

  • Thomas Romer
Journal of Economic Perspectives
vol. 2, no. 4, Fall 1988
(pp. 165–179)
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Abstract

The 1986 Nobel Prize in economic science was awarded to James Buchanan. What the Nobel committee recognized in making its award was Buchanan's central role in the gradual transformation of the way economists and political scientists study governments and their relationship to the governed. In this essay, I will focus on Buchanan's contributions to public economics, especially his linking of economic and political concerns. Table 1 lists the 21 works by James Buchanan cited in this essay.

Citation

Romer, Thomas. 1988. "On James Buchanan's Contributions to Public Economics." Journal of Economic Perspectives 2 (4): 165–179. DOI: 10.1257/jep.2.4.165

JEL Classification

  • B21 History of Economic Thought: Microeconomics
  • B31 History of Economic Thought: Individuals
  • D71 Social Choice; Clubs; Committees; Associations
  • D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
  • H00 Public Economics: General