Gilley Honors Nobel Prize Winner

FALLS CHURCH, Va. — University of Tennessee President Wade Gilley spoke here Monday at an 80th birthday dinner for Dr. James Buchanan, a Nobel Prize winner and UT-Knoxville graduate.

Gilley was senior vice president at George Mason where Buchanan is Advisory General Director of the Center for Study of Public Choice.

Buchanan, of Murfreesboro, Tenn., will be guest speaker Nov. 5 at Gilley’s inauguration as UT’s 20th president.

Buchanan received the master’s degree at UT-Knoxville in 1941 and his doctorate at the University of Chicago. He taught at UT, Florida State University, University of Virginia, UCLA, and Virginia Polytechnic Institute and State University before going to George Mason in 1983. He won the Nobel Prize in Economic Science in 1986.

Holder of four honorary doctoral degrees from Universities worldwide, and Distinguished Fellow of the American Economic Association, Buchanan has authored more than thirteen books and hundreds of articles in the areas of public finance, public choice, constitutional economics and economic philosophy.

Economists from 10 countries attended the ceremony honoring Buchanan, including Dr. Geoffrey Brennan, head of economics at Australian National University and member of The Montpelier Society, an international group of conservative economists of which Buchanan is a member.