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Academia In Anarchy: 50 Years On, Joshua C. Hall
Academia In Anarchy: 50 Years On, Joshua C. Hall
Economics Faculty Working Papers Series
In 1970, James Buchanan and Nicos Devletoglou published Academia in Anarchy: An Economic Diagnosis. Even though the book focuses on the industry Buchanan worked in for nearly 70 years, it is the only one of his non-autobiographical, non-textbook, books not included in his collected works. I evaluate the arguments of Buchanan and Devletoglou in light of the past 50 years of scholarship on the economics of higher education.