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James Buchanan

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
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Noun1.James BuchananJames Buchanan - 15th President of the United States (1791-1868)


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Libertarian heavyweights such as Thomas Szasz and James Buchanan tackle subjects ranging from the role of ideology in national defense to group loyalty.
As James Buchanan noted, the Constitution did not grant a power to prevent secession, whose principal value was the threat and not the act.
James Buchanan won the Nobel Prize in Economics in 1986 for his research demonstrating that public employees and politicians, rather than working for ``the public good,'' work in their own self-interest - just like everyone else.
 
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