Nobel laureate and classical liberal economist James Buchanan has died at the grand old age of 93. I have been slowly working my way through his book The Calculus of Consent for a while now, and his other works are on my “to do” list once I graduate in June. He was one of the co-founders of public choice theory, a rather common sense approach to economics that has long been derided by authoritarians on the Left.

EconLib has a succinct biography of him here.

This short piece by Buchanan in the Independent Review has influenced my own way of approaching writing and arguing.

I’ll post more thoughts from around the web as they appear throughout the day.

Liberty has lost a true champion today.