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A Conversation with James M. Buchanan

James Buchanan is a celebrated Nobel laureate economist, prolific author, and thought leader. In Part I, he discusses the theory of public choice, his exchange theory of economics, and constitutional thought. Topics such as the work ethic, the logic of free markets, subjectivism, anarchy, federalism, the influence of philosophy, and the significance of the Nobel Prize are discussed in Part II.

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