Chapter 5: James M. Buchanan
George Mason University, Fairfax, VA, USA © Peter Badge/Typos1 in cooperation with the Foundation Lindau Nobelprizewinners Meetings at Lake Constance, all rights reserved. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986 ‘for his development of the contractual and constitutional bases for the theory of economic and political decision-making’. INTRODUCTION Sister knows how to behave herself. Bustling around, barking nervously, begging playfully for a little bit of tenderness, she instinctively senses what it means when the microphone is turned on. She settles on the sofa, her nose comfortably between her paws, and waits silently. Sister is the amber-haired dog that James M. Buchanan is now looking after faithfully, a couple of years after his wife Anne, to whom the dog belonged, passed away. The two have taken a liking to each other, comforting each other in their loneliness at the modest farmhouse on the vast piece of land near Blacksburg, Virginia, that the couple once bought and then expanded with the Nobel Prize money. ‘When Sister was a puppy, before Anne got her, she was badly treated, they beat her up – so she is a poor, traumatized dog, and it took quite a while to give her some confidence back’, explains Buchanan. He is fond of dogs generally, as the huge collection of little porcelain, wood and plastic dogs on and around his chimney piece shows. 85 86 Roads to wisdom, conversations with ten Nobel Laureates in economics Anyway, it turns out to be a long wait...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.