James M. Buchanan and Liberal Political Economy: A Rational Reconstruction

Aug 31, 2017
2:00pm3:30pm
George Mason University Buchanan Hall (formerly Mason Hall) D100 4600 Roberts Rd Fairfax, VA 22030

Event Speakers

Richard Wagner

Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics

Peter J. Boettke

Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

Ross B. Emmett

Professor of Political Economy and Political Theory & Constitutional Democracy, Michigan State University

Karen Vaughn

Emeritus Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics

What is the impact of James M. Buchanan's contributions to political economic thought and the fields of law, ethics, and political science? How can his body of work be applied to explore the present and future relevance of his scholarly contributions and insights? In James M. Buchanan and Liberal Political Economy: A Rational Reconstruction (Rowman & Littlefield, 2017), Richard E. Wagner offers his interpretation of the contemporary significance of Buchanan's work through the lens of his 50-year association with him as a "student, colleague, and coauthor."

Please join the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University for a panel discussion featuring author and Professor of Economics Richard E. Wagner and his new book, James M. Buchanan and Liberal Political Economy: A Rational Reconstruction.

As Wagner explores in his latest book, Buchanan's work didn't seek to resurrect the past, but rather to apply it to the present in order to guide us to a better future. He inspired others to pursue new areas of scholarly inquiry, influencing the development of public choice economics and market process theory, and earning him the Nobel Memorial Prize in Economic Sciences. Buchanan spoke for a style of economics that made wide and firm contact with the full range of the humane studies. This book emphasizes those features of Buchanan's thought that seem relevant for contemporary scholarship within the broadly liberal tradition of political economy.

The panel will also include commenters Karen Vaughn, Emeritus Faculty, Economics Department at George Mason University, and Emeritus Distinguished Senior Fellow, F. A. Hayek Program, as well as Ross Emmett, Professor of Political Economy and Political Theory and Constitutional Democracy, James Madison College, Michigan State University.