Many other leading public choice economists were decidedly liberal in their political views consider, for example, Kenneth Arrow, whose foundational work preceded Buchanan’s. Sure, public choice theory has provided important intellectual support for libertarian views of government, but Buchanan was hardly the only major figure to work on public choice (which is basically applying economic theory to the study of politics). For one thing, I’ve been traveling in libertarian intellectual circles for about three decades, and my strong impression is that Buchanan, while a giant in economics, is something of a marginal figure in the broader libertarian and free-market movements.
When I first came across this book and interviews with its author, I was immediately skeptical.
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