James M. Buchanan received the 1986 Nobel Prize in economics for his work on public choice theory. Indeed, Buchanan was one of the first who proposed to use economics to analyze political and constitutional phenomena. But Buchanan was not only interested in public choice, constitutional...

Although Adam Smith’s 1776 Wealth of Nations is often cited as marking the birth of economics, it was really not until after the second world war that economics became the distinctive, more or less unified, and largely separate discipline summarised in the textbooks of today. Even a mere...

Virginia Political Economy (VPE), one of the main branches of Public Choice, is often if not always associated with the names of a few scholars, the leaders of a school in economics. It is particularly significant that these scholars never worked alone. At the University of Virginia, where it...

We present a short history of the Virginia School of Political Economy in its institutional settings of University of Virginia (UVA), Virginia Polytechnic Institute and State University, or Virginia Tech (VPI), and George Mason University (GMU). We discuss the original research and educational...

This article introduces Buchanan's comment on Tiebout's "A Pure Theory of Local Public Expenditures". It helps us to understand the nature of the relationship between Buchanan and Tiebout. Usually, it is claimed that Buchanan modeled Tiebout's insights, that there exists a Buchanan-Tiebout...