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Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics

In: Standard of Living

Author

Listed:
  • Art Carden

    (Samford University)

  • Vincent Geloso

    (George Mason University)

  • Phillip W. Magness

    (American Institute for Economic Research)

Abstract

In her 2017 book Democracy in Chains, historian Nancy MacLean identifies John C. Calhoun as the “lodestar” of public choice theory and argues that the conservative Southern Agrarian poets (Donald Davidson, Allen Tate, Robert Penn Warren, and others) were influential in the formation of 1986 Nobel Laureate James M. Buchanan’s worldview. We test this argument with reference to the scholars cited in Buchanan’s collected works and elsewhere. The evidence for any direct or even indirect influence of Calhoun and the Agrarians is very scant, and we conclude that Buchanan’s intellectual program was shaped far more by Knut Wicksell, Frank Knight, and the Italian public finance tradition than by Calhoun or early twentieth-century segregationists.

Suggested Citation

  • Art Carden & Vincent Geloso & Phillip W. Magness, 2022. "Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics," Studies in Economic History, in: Patrick Gray & Joshua Hall & Ruth Wallis Herndon & Javier Silvestre (ed.), Standard of Living, chapter 0, pages 465-475, Springer.
    • Handle: RePEc:spr:stechp:978-3-031-06477-7_21
    DOI: 10.1007/978-3-031-06477-7_21
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