The beliefs of economist James Buchanan conflict with basic democratic norms. Here’s why.
Controversy has recently arisen around James M. Buchanan, the economist and Nobel laureate who died in 2013, because of the book “Democracy in Chains” by Nancy MacLean. MacLean calls Buchanan “the missing piece of the puzzle” to understanding the rise of the “radical right.” Responding to MacLean’s claim that Buchanan’s ideas helped justify a “return to oligarchy,” Georg Vanberg writes that Buchanan […]
