James M. Buchanan, a giant in the field of economics and the co-founder with Gordon Tullock of public-choice economics, has passed away. It is a very sad day.
To learn more about this fantastic economist, you can watch this great video about James Buchanan, aptly entitled “Daring to Be Different: Reflections on the Life and Work of James Buchanan.”
My thoughts go to his family, his colleagues at George Mason University, and his students.
R.I.P.