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Dr. James M. Buchanan and the Nobel Prize. Thomas Li-Ping Tang Middle Tennessee State University, USA. Dr. James M. Buchanan and the Nobel Prize. The Concert Hall The Nobel Museum The City Hall, Stockholm, Sweden The European Congress of Psychology, July 9-12, 2013, Stockholm, Sweden.

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Dr james m buchanan and the nobel prize

Dr. James M. Buchananand the Nobel Prize

Thomas Li-Ping Tang

Middle Tennessee State University, USA


Dr james m buchanan and the nobel prize1

Dr. James M. Buchananand the Nobel Prize

The Concert Hall

The Nobel Museum

The City Hall, Stockholm, Sweden

The European Congress of Psychology,

July 9-12, 2013, Stockholm, Sweden


Alfred bernhard nobel
Alfred Bernhard Nobel

  • AlfredBernhardNobel was born on October 21, 1833, inStockholm, Sweden.

  • Died on December 10, 1896, inSanremo, Italy

  • A Swedish chemist, engineer, innovator, and armaments manufacturer. He was the inventor of dynamite.

  • He held 350 patents.


Alfred nobel s signature
Alfred Nobel’s Signature


Dr james m buchanan
Dr. James M. Buchanan

  • Grandson of a Tennessee governor, John P. Buchanan

  • Was born in Rutherford County, Tennessee on October 3, 1919,

  • Died in Blacksburg, Virginia on January 9, 2013


Dr james m buchanan1
Dr. James M. Buchanan

  • Received his BA degree from Middle Tennessee State Teachers College in 1940, (Major: Mathematics, English Literature, and Social Science)

  • Masters degree from University of Tennessee in 1941, and

  • Ph.D. from University of Chicago in 1948.


Dr james m buchanan2
Dr. James M, Buchanan

  • Was Awarded the Alfred Nobel Memorial Prize in Economic Sciences

  • For his contributions to the theory of political decision-making and public economics.

  • The new political economy or “Public Choice”

  • Book: The Calculus of Consent: Logical Foundations of Constitutional Democracy


Dr james m buchanan3
Dr. James M. Buchanan

  • University of Virginia;

  • Virginia Tech: the Center for Study of Public Choice;

  • George Mason University: Retired in 2007;

  • The University of Tennessee-Knoxville, Florida State University, and UCLA.


Dr james m buchanan4
Dr. James M. Buchanan

  • In 1997, MTSU established the Buchanan Scholarship. He said:

  • “Economics…requires expository writing skills, logical structures of analysis, and a grounding in ultimate reality.

  • And political economy, the branch of moral philosophy from which economics springs, requires philosophical coherence. I came away from Middle Tennessee with all of these”


Dr james m buchanan5
Dr. James M. Buchanan

  • Seminar in Honor of James M. Buchanan

  • On November 22, 1991, He said:

  • “When I was a student here, I did not study hard enough”.

  • He once wrote:

  • “If Jim Buchanan can get a Nobel Prize, anyone can.”


Secret to his success
Secret to His Success

  • Hard Work,

  • A sense of Self-Confidence,

  • A Willingness to Challenge All Authority, Scientific or Otherwise.


His exclusive secret
His Exclusive Secret


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