In Nancy
MacLean’s “Democracy in Chains” there is an impressive account of the efforts
of Nobel Prize economist James Buchanan to build over his career a theory of
government and democracy to justify the reversal of all redistributive or
environmental public interventions. These efforts were generously funded by
billionaires and helped to create the intellectual infrastructure of what is
today a very powerful network of right wing organizations. The origins of that
network are traced in the book to the resistance of the Southern oligarchy in
the US to the enfranchisement of African-Americans. How the school of thought
promoted by Buchanan has come to be so influential not only in the US but also
in Europe (this economist was one of the favorite of more than one of my
undergraduate teachers) is probably a combination of the originality and
audacity of his radical ideas and the financial support he received. The book
is stronger in connecting Buchanan to the social context of the time than in
analyzing his ideas on their merits, something for which the author delegates
into basically only just another author (Amadae, which I’ll read). By this, she
leaves aside an interesting history of economic ideas, which is the debate
between Buchanan and his co-authors and other more progressive economic
thinkers, such as Kenneth Arrow and Amartya Sen, who were also concerned about
the problems of government and democracy (which are real), who took seriously
the critique of Buchanan to public intervention, but who ultimately reached
opposite conclusions.
Interestingly,
in the book there is also more than a passing mention of Gordon Tullock, the
most famous of Buchanan’s co-authors, and who was recently mentioned in this blog. In p. 99 of the book, for example, we can read: “In 1967 (…) for the
third time in as many years, the senior economics faculty, led by Buchanan,
again recommended that Gordon Tullock be promoted to full professor. (…)
Tullock had never earned a PhD and by his own admission had never completed an
economics course. Brilliant though Buchanan and his allies might have believed
the law school alumnus to be, he lacked training in the field in which he
taught, and his publication record –apart from the book he had coauthored with
Buchanan- was undistinguished. He was also an awful teacher. It did not help
that Tullock struck many as an egomaniac –or just a twit. (Once, for example,
as a new colleague was unpacking his books, Tullock appeared at the door. “Oh,
Mr. Johnson, I’m glad that you finally arrived,” he said. “I need the opinion
of someone obviously inferior to me.”). Tullock would not be promoted. Buchanan
was furious.”
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