James Buchanan's Economic Theory of Morals: The Case of the Work Ethic

James F. Smith

Journal of the History of Economic Thought, 2004, vol. 26, issue 1, 91-105

Abstract: James M. Buchanan is a unique figure in modern economics. A Nobel Prize winner and a pioneer of public choice theory, he is in some ways a respected pillar of the profession. Yet at the same time, he is an outspoken critic of certain fundamental practices of mainstream economics who refuses to confine his work within the conventional boundaries of the discipline. Whether seen as an innovator or an iconoclast, he has consistently been among the most methodologically and philosophically self-aware of the profession's elite.

Date: 2004
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