Comments on: James Buchanan 1919-2013 http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/ Australia's leading libertarian and centre-right blog Wed, 19 Jun 2013 08:43:58 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: stackja http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/comment-page-1/#comment-696220 stackja Thu, 10 Jan 2013 11:03:42 +0000 http://catallaxyfiles.ozblogistan.com.au/?p=38663#comment-696220 My “deficient education” means I have not heard of him till now.

]]> By: Jim Rose http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/comment-page-1/#comment-695954 Jim Rose Thu, 10 Jan 2013 07:29:17 +0000 http://catallaxyfiles.ozblogistan.com.au/?p=38663#comment-695954 In later life, Buchanan bought a log cabin in the Virginia mountains where he attempted to become self-sufficient in growing his own fruit and vegetables and generating his own power!

]]> By: Jim Rose http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/comment-page-1/#comment-695948 Jim Rose Thu, 10 Jan 2013 07:26:04 +0000 http://catallaxyfiles.ozblogistan.com.au/?p=38663#comment-695948 see http://www.telegraph.co.uk/news/obituaries/finance-obituaries/9791656/Professor-James-Buchanan.html

]]> By: Poor Old Rafe http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/comment-page-1/#comment-695744 Poor Old Rafe Thu, 10 Jan 2013 04:27:48 +0000 http://catallaxyfiles.ozblogistan.com.au/?p=38663#comment-695744 Taking up Mario’s comment about the puzzlement of future generations over some Nobel prizewinners, I am inclined to nominate all the mathematicians – Arrow, Debrau, Samuelson, Nash and the others who didn’t study the world that we actually live in. Some of the others are suspect as well, especially in econometrics and macro.

I would like to see a calculation of the dollar cost of all the work that went down the drain in the Cowles Institute, Rand and the various places that sank billions into different fads and fashions that have yieded next to zero insight in the way markets work

]]> By: Alex Robson http://catallaxyfiles.com/2013/01/10/james-buchanan-1919-2013/comment-page-1/#comment-695524 Alex Robson Thu, 10 Jan 2013 01:27:36 +0000 http://catallaxyfiles.ozblogistan.com.au/?p=38663#comment-695524 That is very sad news, a very big loss indeed.

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