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James M. Buchanan  

Definition

  • James M. Buchanan is one of the originators of public choice theory and among the foremost economists of the 20th century. Together with Gordon Tullock, Buchanan revolutionized the way economists view political economy by introducing motivational symmetry between public and private actors. [Source: The Encyclopedia of Libertarianism; Buchanan, James M.]

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http://data.loterre.fr/ark:/67375/N9J-R5HRKR3S-6

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