Abstract
The article aims to present the interpretation and application offered by James Buchanan for individualism in Economics. In order to achieve this goal, some interpretations and uses of the economic man existing in the economic literature are discussed. We then present Buchanan’s critical approach to conventional knowledge of Economics as a theory of choice. We also present his defense of a particular type of individualism as a strategy adopted by the economist who performs a comparative institutional analysis. Finally, we discuss Buchanan’s normative individualism.
Keywords:
Individualism; Economic man; James Buchanan (1791-1868); Constitutional Economics