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James M. Buchanan – Facts. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1986

Nobel Prize Outreach · 1986

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2026-09-01

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EstablishedJames Buchanan received the 1986 Prize in Economic Sciences in Memory of Alfred Nobel for his development of the contractual and constitutional bases for the theory of economic and political decision-making.EstablishedBuchanan received the 1986 Nobel memorial prize in economics 'for his development of the contractual and constitutional bases for the theory of economic and political decision-making'.EstablishedThe 1986 Nobel memorial prize honoured Buchanan 'for his development of the contractual and constitutional bases for the theory of economic and political decision-making'.