James McGill Buchanan

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James McGill Buchanan

James McGill Buchanan 1919-, American economist, b. Murfreesboro, Tenn., Ph.D. Univ. of Chicago, 1948. A professor at Virginia Polytechnic Institute (1969-83) and George Mason Univ. (1983-), he was awarded the 1986 Nobel Memorial Prize in Economic Sciences for his "public choice" theory that analyzes economic and political decision making.

Bibliography: See his The Calculus of Consent: Logical Foundations of Constitutional Democracy (1962).

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Buchanan, James

The Oxford Essential Dictionary of the U.S. Military | 2001 | Â© The Oxford Essential Dictionary of the U.S. Military 2001, originally published by Oxford University Press 2001. (Hide copyright information) Copyright

Buchanan, James (1791–1868) fifteenth president of the United States (1857–61); born near Mercersburg, Pennsylvania. As the last “antebellum” president, Buchanan sought to defuse the sectional crisis, but made decisions that only inflamed tensions. His greatest challenge was to settle the Kansas controversy and remove the issue of slavery's expansion from national politics. Buchanan isolated himself from dissenting views, disliked confrontation, never understood northern feelings against slavery, and was excessively pro-southern in his views, qualities that eventually destroyed his political influence and wrecked his presidency.

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