“This type of analysis has become universal in recent years,” the judges observed, with more aspiration than accuracy. (Indeed, the all-important judge Assar Lindbeck, a professor at Stockholm University, was himself a devotee of Buchanan’s diagnosis of what Lindbeck had called “Vote Purchasing Democracy” a few years earlier. Under his leadership, reports a study of the economic prize’s history, the committee “veered to the right in its awards.”)
