< My Slender Contribution
Jim Buchanan is a phenomenon. Throughout his work he seems to have
consciously tried to use the smallest amount of technique possible. Despite
having earned an undergraduate degree in mathematics, he has eschewed the
usual mathematical models and formal proofs. In direct contrast to the
professional fashions of his time, he has applied simple but reasoned
analysis to down-to-earth problems involving not only economics but also
politics, sociology, and human behavior. In doing so, he has established
himself as a trail blazer both because of the problems he has addressed
and the brilliant manner in which he has addressed them. He has founded a
new sub-discipline and won the Nobel Prize in the process. It is no secret
that for these very reasons he has incurred the disdain of many economists
who look down on problems of politics,psychology and sociology and who
concentrate on pure technique without substance.
The essence of Buchanan's genius is his ability to get to the heart
of a problem without circumlocution. When I arrived at Virginia Tech and
attended my first seminars with Jim in the audience, I was amazed at his
performance. Buchanan would make no attempt to dominate the seminar. During
the hour while the paper was being presented Jim sat with eyes
closed, apparently slumbering. Then - about fifteen minutes into the
question period - he would suddenly come to life. Regardless of how
complicated or obtuse the material might be, Buchanan always asked a
brilliant question which got to the heart of the seminar. Having made his
point, he would usually retire to the background once more, with eyes
closed, seemingly not listening to the proceedings around him. Suddenly near
the end of the seminar he would ask another question which seemed to
encapsulate and analyze the entire presentation. In my experience, Jim's
ability to do this segregates him from virtually all the economists of his
generation.
The presence of Buchanan and Gordon Tullock was the most important
factor causing me to leave Michigan State and join the faculty at Virginia
Tech in 1974. I never regretted having made that decision.. Prior to my
arrival in Blacksburg, I had been trained as a Keynesian and had had
liberal political leanings throughout my life. I thought that the
government should play a very large role in the economy and should --- as
part of that role--- frequently run a deficit in order to maintain full
employment and aid large segments of the economy. Over the years, however,
I have gradually come to agree more and more with the tenets propounded by
Buchanan, Gordon Tullock, Mancur Olson,and their intellectual heirs. I do
not believe that I would go nearly so far as Buchanan in reigning in
government; nevertheless he has taught me that government is not
omniscient, that government officials frequently look out after their own
welfare instead of the welfare of the people they govern, and that almost
always groups should be treated equally by the government. That is his
essential message, and it is well taken.
At the same time, it is important to realize that Buchanan is not
"to the right of Attila, the Hun, "as his opponents so often portray him. He
is not an anarchist nor is he a heartless partisan of the rich who would
have the government abandon all charity cases, allowing the poor and
helpless to die in the streets. He believes in a minimalist
government which would help those truly in need but at the same time reward
the industrious by allowing them to retain most of their earnings.
Unfortunately, although he has had considerable success in propagating his
Faith, it is still an open question as to whether his views ultimately will
be ascendant.
As I write this Buchanan is approaching his eightieth
birthday; yet he has the energy of a 40-year-old. He still regularly drives
the 200-mile trip between his residence in Fairfax and his farm near
Blacksburg. He also travels almost monthly to countries on all the
continents where he delivers papers and lectures and frequently receives
awards. I have not yet heard that he has made it to Antarctica, but such an
event would not astound me. At home in Blacksburg,he lives the life of a
country squire - - born to the mold. It is an amazing performance from an
amazing personality.
We must all take off our hats to the likes of Jim Buchanan.
Allan Mandelstamm