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Who gave the Nobel Memorial Prize in Economic Sciences to James M. Buchanan?

  • The Queen of England

  • The President of the United States

  • The Prime Minister of Australia

  • The King of Sweden

Answer

The King of Sweden gave the Nobel Memorial Prize in Economic Sciences to James M. Buchanan in 1986. Buchanan was awarded the prize for his work on public choice theory, which examines the political and economic decisions made by individuals and groups. He argued that individuals and groups are rational actors who make decisions based on their own self-interest.
The Mind of Economics: Unleashing the Legacy of James M. Buchanan

The Mind of Economics: Unleashing the Legacy of James M. Buchanan

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