Laureates in the Clemson Classroom: James Buchanan Oct 30, 2006

Nobel Laureate James Buchanan visited the department on the 9th and 10th of October. Professor Buchanan won the 1986 Nobel Prize in Economic Science, and is a central figure in the Virginia School of Political Economy.

Professor Buchanan’s visit is part of the department’s program to bring distinguished guest lecturers to the undergraduate classroom. Buchanan gave a lecture to Bob Tollison’s class in Moral and Ethical Economics, a seminar to the faculty on “Ethics and the Extent of the Market,” and spent a morning in the Russell D. Shannon Common Room discussing economics with students and faculty. Buchanan is the second Nobel Laureate in the past two years — along with 2005 Harris Distinguished Visiting Professor Vernon Smith — to speak formally with Clemson students in the lecture hall, and informally in the relaxed setting of the Common Room.

Nobel Laureate James Buchanan at the podium

Nobel Laureate James Buchanan at the podium

Professor Buchanan sitting after lecture

Professor Buchanan sitting after lecture