James M. Buchanan
James McGill Buchanan, Jr. was an American economist known for his work on public choice theory , for which he received the Nobel Memorial Prize in 1986. Buchanans work initiated research on how politicians and bureaucrats selfinterest, utility maximization and other nonwealth maximizing considerations affect their decision making. He was a member of the Board of Advisors of The Independent Institute, a member of the Mont Pelerin Society, a Distinguished Senior Fellow of the Cato Institute, and professor at George Mason University.
Buchanan was born in Murfreesboro, Tennessee, the eldest child of James and Lila Buchanan. He was a grandson of John P. Buchanan, a governor of Tennessee in the 1890s. He graduated from Middle Tennessee State Teachers College, now known as Middle Tennessee State University, in 1940. Buchanan completed his M.S. from the University of Tennessee in 1941. He spent the war years on the staff of Admiral Nimitz in Honolulu, when he met Anne Bakke, whom he married on October 5, 1945. Anne, of Norwegian descent, was working as a nurse at the military base in Hawaii.
Source: Wikipedia