James M. Buchanan’s Enduring Legacy for Limited Government and Individual Liberty

In Analysis by Michael Rae

James M. Buchanan (1919-2013), whose keen intellect helped launch the field of public choice and earned him a Nobel Prize in Economic Sciences in 1986, would have turned 100 years old today.
The Independent Institute has published so many articles, book reviews, and blogs about Buchanan’s ideas over the years—including a scholarly article and related op-ed written by the master himself—that diving into the waters blindly runs the risk of one’s becoming overcome by swift currents. (Fortunately, those currents carry the novice safely to still waters.)
Here I highlight a few pieces accessible to lay readers yet also helpful to those well

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