James Buchanan is appointed Professor of Economics at Virginia Polytechnic Institute. Here he founds the Center for the Study of Public Choice (CSPC). In 1983 because of a conflict with Economics Department head Daniel M. Orr, Buchanan moves to George Mason University.
During World War II years James Buchanan works with the staff of Admiral Nimitz in Honolulu.
James Buchanan receives an honorary doctoral degree from Universidad Francisco Marroquín, in Guatemala City.
James Buchanan is appointed Professor of Economics at University of California.
James Buchanan is appointed Professor of Economics at University of Virginia. Here he founds the Thomas Jefferson Center for the Protection of Free Expression.
James Buchanan graduates at Middle Tennessee State Teachers College.
James Buchanan is appointed Professor of Economics at University of Tennessee.
James Buchanan marries Anne Bakke, a nurse of Norwegian descent at the military base in Hawaii.
James Buchanan returns to Hawaii and gives a series of lectures later published by the University Press.
James Buchanan earns his Ph.D. at University of Chicago with a dissertation entitled Fiscal Equity in a Federal State. During this time he is great influenced by Frank H. Knight and by the work of Knut Wicksell.
James Buchanan is appointed Professor of Economics at George Mason University.
James Buchanan along with Gordon Tullock publishes The Calculus of Consent: Logical Foundations of Constitutional Democracy, a book in which they develop the principles of public choice theory. Buchanan discusses the politician’s self-interest and other social forces that affect governmental economic policy. This book approaches the basic problems of politics, using the technical tools developed in modern economics and game theory.
James Buchanan earns his MA at University of Tennessee.
James Buchanan dies in Blacksburg at the age of 93.
James Buchanan is born in Murfreesboro, the eldest child of James and Lila (née Scott) Buchanan.
James Buchanan receives the Nobel Prize in Economic Sciences "for his development of the contractual and constitutional bases for the theory of economic and political decision-making". He argues that public policy is often motivated by the self-interest of legislators and civil functionaries, leading to larger deficits and other problems.
James Buchanan is appointed Professor of Economics at Florida State University.